Google's Motorola Mobility unit has signed a deal to sell its Chinese manufacturing operations to Flextronics, which has agreed to run its Brazil facility as well.
Under the deal, announced yesterday, employees and assets will transfer to Flextronics once the deal closes, expected in the first half of 2013. The deal also calls for a manufacturing and services agreement for Android and other mobile devices between the two companies. Financial terms weren't disclosed.
The deal allows Motorola to run more efficiently under Google, which has continued to absorb the unit's losses since taking over the business earlier … Read more