MOTOROLA BRACED FOR RECOVERY

Mr Brown told the Financial Times that Motorola's mobile devices unit should turn the corner by reporting a reduced operating loss in the second quarter compared with the first three months of 2009.

He insisted Motorola had established a path back to profitability for the unit, which recorded a $2.2bn operating loss in 2008. He rejected the case for shutting the unit or combining it with a rival.

After reporting a $4.2bn net loss for 2008, Motorola looks the most vulnerable of the world's top five handset makers. Its shares are down 68 per cent during the past year, compared with a 44 per cent fall in the S&P.

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