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Motorola closing operations in South Korea

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Motorola closing operations in South Korea

/ 04:33 AM December 11, 2012

SAN FRANCISCO—Motorola Mobility on Monday confirmed that it is shutting down most of its operations in South Korea as part of a move to consolidate research after being bought by Google this year.

“This was a difficult but necessary decision,” Motorola said in an e-mail response to an AFP inquiry.

“The changes in Korea reflect our plans to consolidate our global R&D efforts to foster collaboration, and to focus more attention on markets where we are best positioned to compete effectively.”

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California-based Google said in August that it would lay off about 4,000 employees at Motorola, which it purchased in a deal valued at $12.5 billion, in order to return the company to profitability.

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TAGS: Google, Internet, IT, Motorola, Research, South Korea, telecom, US
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