Google to close first smartphone assembly plant in the U.S.

[1492]

Just one year after it opened the first smartphone assembly factory in the U.S., for its Motorola Mobility brand acquired back in 2011. However, it was fairly clear that Google wanted the patents, and not necessarily to be in the manufacturing biz. Google paid $12B for Motorola, and just sold it recently to Lenovo for $2.91B sans patents of course.

Article at Motorola to Close Texas Smartphone Factory.

[MrWizard]

Lenovo will buy the Motorola brand if the sale goes thru
Not the mfg facility
The building and land are very likely a lease
Even the mfg equipment might be a lease, If they own the equipment it is hardware capital, investment money to be recouped in a sale

[Dog_Folks]

sch911 wrote:
If Lenovo owns this plant why does your subject line say Google?
They really have no say anymore about this venture.

Google has NOT completed the sale. If you read the article in the link noted, it quotes "Motorola," and "Google" as making the announcement and the decision to close.

Lenovo is only mentioned as a buyer, but the sales has not been approved yet. Therefore, they do not own the plant yet.

More than likely, the plant will be long closed before the sale is complete, and I am sure that Lenovo is aware of said plan.

[1492]

sch911 wrote:
If Lenovo owns this plant why does your subject line say Google?
They really have no say anymore about this venture.

wa8yxm wrote:
Good point SCH911.. But to many folks Google is "The great evil" where as Lenovo is... Well, I'm not just sure what they are.. Other than the manufacturer of the THINKPAD line of laptops. Formerly called IBM Thinkpads.

At least he got it right in the body of the message.... and I might add, what he posted is a fine example of modern reporting.. Do not proof read, Do not check facts,, Call a sledge hammer a shovel type reporting.

Quote:

"...Google said it planned to sell the Motorola Mobility smartphone business to Hong Kong-based computer maker Lenovo for $2.9 billion. The sale is expected to close by the end of the year, according to a filing with the Securities and Exchange Commission."

"...Lenovo's acquisition of Motorola Mobility and the closing of the factory were not related."

Or, more accurately, an example of not reading the article or doing a "Google" search on the subject before commenting? :S

[bwanshoom]

Wow, out come the knives...

The Lenovo deal hasn't closed yet so saying Google is still accurate. The cited article clearly says this.

But with a deal pending I can't imagine that Lenovo didn't sign off on this move as well.

[wa8yxm]

Good point SCH911.. But to many folks Google is "The great evil" where as Lenovo is... Well, I'm not just sure what they are.. Other than the manufacturer of the THINKPAD line of laptops. Formerly called IBM Thinkpads.

At least he got it right in the body of the message.... and I might add, what he posted is a fine example of modern reporting.. Do not proof read, Do not check facts,, Call a sledge hammer a shovel type reporting.

[sch911]

If Lenovo owns this plant why does your subject line say Google?
They really have no say anymore about this venture.