Wednesday, August 22, 2007

FT: Motorola Loses Market Share

From the Financial Times:

By Maija Palmer in London and Paul Taylor in New York

Published: August 22 2007 20:54 Last updated: August 22 2007 20:54

Ed Zander could come under renewed pressure to step down as chief executive of Motorola on Thursday as new figures showed the handset maker lost more than seven percentage points of market share during the second quarter.

Motorola narrowly maintained its position as second-largest handset manufacturer – but its share of global sales fell to 14.6 per cent, from 21.9 per cent a year ago, according to estimates by Gartner, a research company.

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