Motorola, a name that has been synonymous with innovation in the telecommunications industry, has a long and storied history. Founded in 1928, the company initially focused on radio equipment before making a significant impact in the mobile phone market. Over the decades, Motorola has faced numerous challenges and transformations, leading many to wonder about its current status in the business world.
Is Motorola still in business? Yes, Motorola is still in business. The company has undergone various changes, including acquisitions and restructuring, but it continues to operate and produce consumer electronics, particularly smartphones. Today, Motorola is a subsidiary of Lenovo, a Chinese multinational technology company. Lenovo acquired Motorola Mobility from Google in 2014 for $2.91 billion, aiming to strengthen its position in the global smartphone market.
Motorola’s History and Evolution
Motorola’s journey began with the production of car radios and expanded into the development of the first handheld mobile phone in 1973. The company enjoyed significant success in the 1990s and early 2000s with iconic models like the Motorola Razr. However, the rise of smartphones and intense competition from companies like Apple and Samsung led to financial struggles.
In 2011, Motorola was split into two independent companies: Motorola Mobility and Motorola Solutions. Motorola Mobility focused on consumer products, including mobile phones, while Motorola Solutions concentrated on enterprise and government communications. Google acquired Motorola Mobility in 2012, primarily for its valuable patent portfolio, and later sold it to Lenovo in 2014.
Current Product Line and Market Presence
Under Lenovo’s ownership, Motorola has continued to produce smartphones, including the Moto G and Moto Z series, which have been well-received for their affordability and performance. The company has also ventured into the smart home market with products like the Motorola One series. Despite facing stiff competition, Motorola maintains a presence in various global markets, particularly in regions like Latin America and India.
Motorola Solutions, the other half of the original company, remains a separate entity and continues to thrive in the field of communication solutions for public safety, government, and enterprise sectors. It provides products such as two-way radios, body-worn cameras, and software solutions.
Motorola’s ability to adapt and reinvent itself has allowed it to remain relevant in the ever-evolving technology landscape. While it may no longer dominate the market as it once did, the brand still holds a place in the industry, backed by Lenovo’s resources and expertise.
Motorola’s legacy of innovation and resilience continues to influence its operations today. The company’s commitment to producing reliable and affordable technology ensures that it remains a recognizable name in the consumer electronics market. As a subsidiary of Lenovo, Motorola benefits from the support of a global technology leader, allowing it to maintain its presence and continue serving customers worldwide.