20-Aug-2008
Story Timeline: 92 days
SINGAPORE (Reuters) - Motorola Inc (MOT.N: ), the world's third-largest handset maker, unveiled two new low-end phones on Wednesday that allow users to listen to songs and surf the Web. Motorola, which has failed to come up with a strong follow-up to its once-lauded Razr phone, has lost out to market leader Nokia (NOK1V.HE: ) and other rivals since early last year. The firm, which faces stiff competition from handsets such as Apple Inc's (AAPL.O: ) popular touch-screen iPhone, has said it would launch 50 new devices this year, including advanced phones. One new handset is a music-enabled camera phone -- the W388 -- that sells for under $100. The second device is a low-end third-generation (3G) mobile phone -- the VE538 -- which goes for less than $250 and offers one-click mobile social networking, photo uploading and blogging...
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