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Jul 20, 2013 01:59 PM IST | Source: Reuters

Google's Motorola to hold Moto X event August 1

Google Inc's Motorola division appears set to unveil its much anticipated Moto X phone on Aug 1 at an event in New York City.


Google Inc's Motorola division appears set to unveil its much anticipated Moto X phone on Aug 1 at an event in New York City.


Email invitations sent to the media on Friday displayed the Moto X name in bold letters. The invitation did not show a picture of the device, the first smartphone that Motorola has developed since its 2012 acquisition by Google.


Also read: Google Q2 revenue, profit rise


Motorola, which Google bought for USD 12.5 billion, has steadily ceded market share to Apple Inc and Samsung Electronics Co,with most of its latest phones garnering relatively lukewarm receptions.


The Motorola business has been a drag on Google's profit margins, with Motorola's second-quarter losses totaling USD 342 million.


A Web page to respond to the invitation said, "Come experience the new Motorola. No Stage. No crowds." The page asks guests to select one of several "sessions" to attend at different times at an address in mid-town Manhattan.

In May, Motorola CEO Dennis Woodside said at the AllThingsD technology conference that the new Moto X phones would be built in the United States.

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