Motorola on Tuesday gave its clearest signal yet that it sees its future in the global phone market as a supplier of mid-priced models and smartphones after its mobile handset division suffered another dismal quarter.

Sanja Jha, co-chief executive who is in charge of the mobile phone business, said Motorola would continue to offer a full range of handsets, but he said the company would “de-prioritise” sales of mass market mobile phones costing $50 or less.