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.
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.
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Motorola, which Google bought for USD 12.5 billion, has steadily ceded market share to Apple Inc
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.