Motorola allegedly scraps the Moto X5, development of Moto Mods limited to only a few

Remember the news about the Moto X4 sequel that Motorola might launch at some point this year? We even had a picture of a prototype unit, so the leak was looking pretty solid at that time.

Unfortunately, it appears that Lenovo has decided to scrap the Moto X5 and not launch another X series phone going forward. AndroidPolice reports that despite the fact that Lenovo reduced Motorola's workforce considerably, it's still not enough to turn make the smartphone business profitable yet.

The canceling of the Moto X5 is the direct result of Lenovo's strategy to cut costs. Moreover, Lenovo won't let Motorola keep developing new Moto Mods unless they are really meaningful for the consumer market.

The only smartphones that Motorola will continue to work on are the E, G, and Z series, but it's yet unclear how many devices the US company will manage to release this year.