Motorola plans to launch a new, made-in-the-U.S. smartphone, CEO Dennis Woodside said on Wednesday, confirming speculation the once-dominant cellphone maker intends to make a comeback in the hotly competitive mobile market.<\/p>\n
Motorola, which Google Inc bought for $12.5 billion in 2012, has steadily ceded market share to Apple Inc and Samsung Electronics Co Ltd, with its latest phones garnering a relatively lukewarm reception. The new phone, called the Moto X, will be built at a 500,000 square-feet facility in Texas that will employ 2,000 people by August.<\/p>\n
Woodside told the AllThingsD conference in Palos Verdes that he was “pretty confident in the products we’re going to be shipping in the fall.”<\/p>\n
The new smartphone will debut in a market dominated by the iPhone and Samsung’s Galaxy range of devices. Woodside said the Moto X would benefit from Motorola’s expertise in managing ultra-low power sensors — such as in accelerometers and gyroscopes — that can sense usage contexts and power down certain components when not required, thereby conserving power.<\/p>\n
Motorola’s engineers have also come up with processors that will help save power, he said without elaborating.<\/p>\n
Revenue at the Motorola business dwindled to $1.02 billion in the first three months of the year, from $1.51 billion in the fourth quarter. It posted an operating loss of $271 million.<\/p>\n
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