Business News

May 30, 2013
Originally published on May 30, 2013 8:18 am



NPR's business news starts with a Texas smartphone.


MONTAGNE: Cellphone maker Motorola Mobility has announced it is opening a manufacturing in Forth Worth, Texas. They say the plant will provide some 2,000 new jobs and a new smartphone that they're calling Moto X. it will be the first smartphone ever assembled in the U.S. The assembly is only a small part of the cost of any smartphone. Most of the price comes from components and most of them come from Asia. Some other manufacturers, like Hewlett-Packard, have also kept computer assembly production in the U.S. Transcript provided by NPR, Copyright NPR.