Motorola introduces touch screen phone

Motorola introduces touch screen phone

• Motorola the world's third-biggest phone maker is going to replace its once lauded Razr after rebates to customers who sign a two-year contract with Verizon Wireless.
  

• The Krave has a see-through cover that flips open to uncover a touchscreen virtual keypad but users can also access popular features like mobile TV program & navigation on the cover. For several years Motorola has sold a touch screen phone called the Ming that has been popular in China, but it has focused on phones with physical keypads in the United States, where it is the market leader.
  

• The popularity of iPhone -- a touchscreen phone sold exclusively through the No. 1 U.S. mobile service AT&T Inc , has led rivals such as Motorola and Verizon Wireless, owned by Verizon Communications Inc, to come up with touchscreen alternatives.
  

• Motorola shares were up 7 cents or 1.3 percent at $5.64 on New York Stock Exchange.