As we know, from the news Meraj published some months ago, Motorola will split the company into two new. The new thing right now is that we are having some advances in this “spin off” which is making moving higher MOT stocks.

In the past months investors were concerned about these splitting propose, so then, the stocks went lower. Now, many of them might be seeing an opportunity for a rally of the stocks, because most of splits are preceded by a rally (not in a bear market, but that’s fine). Also, results were above expectancies.

Today, we also saw a new gap, leading the stocks trough a new high, very close to 10$ a share, while

Motorola reported that Sanjay Jha, actual Qualcomm’s former operations chief, will become co-chief executive officer with Greg Brown. Jha will run the handset unit, which accounts for 41 percent of revenue and hasn’t had a hit since the best-selling Razr, introduced in 2004. He will have a difficult job, but certainly he will be paid enough to rise revenue and profits.

The market loved the news today, and they gap higher. Tomorrow we will find if MOT can surpass the resistance at 10$.

I am attaching a chart showing my day trading with MOT today. The chart is a “1 minute” one. Nice profits overall at MOT. In fact, the money I made with MOT I lost with other trade That’s life, that’s the market!

Here is a nice post about the big flood of searches on Google with the name “Sanjay Jha”. All of them found a Sanjay Jha….

PS: The Nokia trade remains open!

The LG E300 notebook with HSDPA was released in South Africa last week Thursday, 31st of July. The LG E300 had been available from last year, but the company included HSDPA connectivity up to 7.2mbps in this version of the notebook. The only reason we are covering it at PhoneReport is that the notebook contains a connectivity feature that is usually implemented on mobile phones.

The E300 can be customized with a Celeron® 540, 1MB L2 Cache, 1.86GHz, 533MHz FSB or a Core™2 Duo T7300, 4MB L2 Cache, 2.0GHz, 800MHz FSB. It runs on the ATI RS600ME Chipset which supports up to 4GB RAM DDR2 667MHz. There is a 13.3″ display with WXGA (1280×800) resolution and Fine Bright Technology. Besides the HSDPA connectivity, the device features 802.11b/g Wireless LAN supported by a Dual Hexa-band Antenna. It also features 10/100MB Ethernet LAN, and Bluetooth 2.0 with EDR. A 1.3 megapixel LG Smart Cam is built-in the notebook, and the graphics are powered by a ATI Radeon Xpress 1250 graphics card with an HDMI output port. To compliment the bundle, there is a also a DVD Super Multi Dual Layer drive and a 250GB SATA hard drive with 5400rpm and HDD Security.

Press release after the break.

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Garmin has been hitting the industry strongly in terms of GPS sales in diverse sectors, but its bet in the mobile phone industry just got hit hard.

In an earnings release, Garmin revealed that it will delay the release of its Nuvifone from Q4 this year to H1 next year, which can mean Q1 09 or even Q2 09.

“The Nuvifone will not be available in fourth quarter, as previously announced,” the company revealed in its earnings release. “While we had hoped to have carrier launches in the fourth quarter, we have found that meeting some of the carrier-specific requirements will take longer than anticipated.”

Source: RCR Wireless News

The shaky Motorola Handset division received a new addition to their board of directors. Dr Sanjay Jha is the Co-Chief Executive of the company, and of the Handset division, together with Greg Brown, who is the CEO of Motorola’s Broadband Mobility Solutions business which consists of the Home & Networks Mobility and Enterprise Mobility Solutions businesses.

Jha was previously serving as CEO of Qualcomm, where he managed the Corporate Research and Development and QUALCOMM Flarion Technologies. He holds a Ph.D. in electronic and electrical engineering from the University of Strathclyde, Scotland and had received his bachelor of science degree in engineering from the University of Liverpool, England.

Press release available after the jump.

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The latest move of Neotel is extending the coverage to the areas of KwaZulu-Natal, which include Durban. I remain without a Neotel package, but I will email Zinhle Modiselle, PR manager, in order to remind Yugeshree Naidoo and Anusha Naidoo, the executives in charge of my problem. I understand that there is a slowliness in solving the issue as this is a case-by-case dillema, but there should be a general policy that makes sense. If you can’t recall my problem, please refer to the relevant post.

The press release is available after the jump. Please note that only the NeoConnect Prime offering is available for the province, and not the NeoConnect Lite.

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