According to Motorola CEO Dennis Woodside, the factory is able to produce 'tens of millions' per year.
Firm Management
Pandora announces new CEO
Pandora Media announced that it has hired a new executive on board the company to help boost the company's ad sales and profit.
East China petrochemical project stalls due to lack of proper site
The Taizhou project, a petrochemical complex located in East China, had stalled because of the lack of a proper location.
Deutsche Bank reviewed for corrupt practices
Deutsche Bank AG was under review for excessive entertainment expenses made for pension fund executives.
Deutsche Bank to extend tenure of co-chief Jürgen Fitschen
Investors of Deutsche Bank would be voting for the tenure extension of co-chief executive Jürgen Fitschen to end March 31, 2017.
Latest News
About 350,000 shares were sold by Best Buy CEO Joly to pay for divorce but this does not dilute his shareholdings in the company.
French billionaire Vincent Bollore is Vivendi's largest shareholder and is not seeking a paying position in the French conglomerate.
Tesla's ingenious buy back scheme for the Model S would allow it control over the price at repurchase, thus generating more revenue.
EADS Chief Strategist Marwan Lahoud said EADS would take its time in making new mergers and acquisitions as the company restructures.
Clarabridge raised USD 80 million in equity investments from its new partners. Customer experience management (CEM) provider Clarabridge scored USD 80 million in equity investments in its latest funding round.
Barclays said would spend GBP 1.4 billion to revamp its consumer banking unit. London-based Barclays Plc said it would be spending an estimated GBP 1. 4 billion or USD 2.
Sources told Bloomberg that PetroChina Co has set aside USD 10 billion to invest in gas fields in Russia.
Apparel retailer Esprit Holdings attributed the loss in 2012 to a sluggish European market and increased competition from
other brand names such as Zara and Hennes & Mauritz.
The Philippines' Department of Finance announced that it had begun to accept development proposals under the Philippines-Italy Debt for Development Swap Program.
