Motorola electronics business 1 billion sold to mainland companies

Reporter learned yesterday from Motorola, the company will take the automotive electronics business unit at a price of $1 billion sold to a German tire company - "mainland", so that Motorola can devote more focus on the development of communication technology.

The Department has a staff of nearly 1 billion 600 million U.S. dollars in revenue last year, mainly for the production of automotive navigation and security services telematics products, as well as steering wheel, brake and electric door and window sensor. Continental is a leading supplier of automotive products. The company said the acquisition will expand the company's annual sales of $6 billion 500 million in the overall sales of automotive systems, while also expanding the company's telecommunications products group. This is of great significance for mainland companies to invest in the North American market. It is expected that in the future the North American market will produce more than 16 million cars.