LG says Hello Moto?

28 Feb

After the initial denial by LG and virtually all the major handset vendors that they are not in the fray to buy Motorola’s ailing mobile devices unit, rumour mills have again started generating some buzz in the industry. Some insiders would like us to believe that LG is in fact very close to finalising the acquisition of Motorola’s mobile devices biz! If this speculation does come true, the move would propel LG bang in front of Sony Ericsson in terms of global market share and too close to Samsung for the latter’s comfort. Mind you, these are just rumours and not facts backed by evidence. We’ll be keeping a close watch on this one, for sure!

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