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Motorola Selling Razr2 Phone in S.Korea
(AP) Motorola (News - Alert) Selling Razr2 Phone in S.Korea
SEOUL, South Korea
Motorola Inc. started selling the next generation model of its popular, ultra-slim Razr cell phone in South Korea Friday, ahead of a global launch scheduled for July.
"We're releasing our new phone in the Korean market first in recognition of tech-savvy and fashion-aware Korean consumers," Motorola Korea Inc. said in a statement.
The new phone, called "Razr2," will be available via SK Telecom Co. (News - Alert), Korea's largest wireless carrier by revenue. It retails at about 580,000 Korean won ($630) before handset subsidies, Motorola said.
The world's second-largest handset maker by sales, unveiled the new cell phone last month in a bid to resurrect its ailing handset business. The new phone has a slimmer frame, larger screen and improved call quality compared with its predecessor.
Schaumburg, Illinois-based Motorola has sold nearly 100 million Razr phones, but has struggled to find a successor to it.
Motorola accounted for 11.5 percent of the Korean handset market as of the end of April. Samsung Electronics Co. held 55 percent and LG Electronics (News - Alert) Inc. had 19 percent, according to Korea-based ATLAS Research Group.
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