Friday, September 26, 2014

President of Motorola does not believe in the future of luxury smartphones

Earlier this year, Motorola has updated its own devices, introducing the second generation of Moto X and Moto G , as well as its first "smart" watch Moto 360 . Taking into account the results of last year, it is likely that the sale and now Motorola will not be too high. It is worth noting that many major manufacturers of mobile devices is becoming increasingly difficult to resist the competition from China.President and Chief Operating Officer of Motorola's Rick Osterloh commented on the situation, and shared their own observations, stating that high-end smartphones has no future.
Президент Motorola не верит в будущее дорогих смартфонов

"Of course, we are in a very competitive industry. I think that the days of smartphones costing $ 600-700 coming to an end. People understand that they do not need to spend so much money on such devices" - said Rick Osterloh.
The reason is that more and more manufacturers are starting to offer phones with top performance at a more affordable price than the current leaders of the smartphone market. For example, Samsung, which is still the largest phone manufacturer in the world, during the current year has repeatedly faced with financial challenges and declining share in some markets due to competition from Chinese vendors, which led to a drop in the value of shares of the company.
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