Business Intelliegence on Product Quality, Supply Chain, Outsourcing, Manufacturers, Suppliers, Import/Export and Trading In China


Flextronics Takes Control Of Motorola Mobility's Chinese Factory

Flextronics, a Singapore-headquartered electronics manufacturing services provider, will acquire Motorola Mobility's plant in Tianjin.

Flextronics did not reveal the financial details of the deal. However, the company revealed that the two parties will sign another agreement and Flextronics will manufacture Android devices for Motorola Mobility.

Si Xuanjun, product public relations manager for Motorola Mobility China region, told local media that this transaction is only part of Motorola Mobility's global strategic adjustment, and the company plans to concentrate its resources in the most value-added parts. Si said the transaction is still subject to the approvals of related Chinese government departments, and it is expected to be completed in the first half of 2013. Before the closure of the deal, the Tianjin plant will maintain normal operations. On the closing of the deal, all employees in the plant will receive compensation from Motorola Mobility and they can also receive new contracts from Flextronics.

Located in the Binhai new area, Motorola Mobility's Tianjin plant was established in 1992. The whole building is divided into two phases, with an area of about 57,000 square meters and 10,000 employees. About 90% of Motorola's smartphone devices are made in this plant.

Founded in 1969, Flextronics is a Singapore-headquartered and Nasdaq-listed electronics manufacturing services provider. The company is unique in its ability to provide end-to-end solutions via its innovative and proprietary systems, aiming to enhance customer competitiveness and success.



Be the first to comment on "Flextronics Takes Control Of Motorola Mobility's Chinese Factory"

Leave a comment

Your email address will not be published.






  Other China News

ChinaTechNews.com:

Is Shanda Destined To Be Ku6.com's Public Exit?

Chinese Millennials Targeted In Social Media Music Investment

China's JD.com Expands Operations To Russia

5 Ways To Know You've Been Hacked In China


GreenChinaTech:

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center

Hong Kong Now Requires Ships To Use Cleaner Fuel


ChinaRetailNews.com:

Chinese Electronics Retailer Inks Deal With Smartphone Manufacturer

COS To Open First Chinese Store In Guangzhou

Aquazzura's First Asian Store Opens In Hong Kong End Of 2016

Chinese Company To Buy Parent Of French Apparel Brand