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CHICAGO–Motorola announced on Wednesday that it is going to separate its struggling mobile phone manufacturing business from other operations to form two individual publicly traded companies.The Company had faced much pressure from investors’ side. Company came in to this decision after a two-month strategic review of its businesses.

The US based company had arrived at this conclusion after facing strong objection from the billionaire investor Carl Icahn,continuously for two years,who has been very much annoyed with Motorola’s declining phone sales.

Tags: Business, mobile phone, Motorola, Nokia Corp, Razr, Samsung Electronics