The Droid X, Motorola’s follow-up to the original Motorola Droid, lands on shelves today. The new phone is available online and in Verizon Wireless Communications Stores for $199.99 after a $100 mail-in rebate with a new two-year customer agreement.

The Droid X features a 4.3-inch touchscreen, 8-megapixel camera, HDMI output, 3G Mobile hot spot capabilities and comes standard with 8 GB of memory expandable up to 32GB via microSDHC card. The Droid X runs Android 2.1 (Eclaire), but will receive an OTA update to Android version 2.2 (Froyo) later this summer.

An update supporting Flash 10.1 also will be delivered OTA in the near future.

Customers can take advantage of the 4.3-inch high-resolution screen on Droid X for viewing the latest movies from Blockbuster On Demand presented by V Cast Video.

Customers who choose to add the optional 3G Mobile HotSpot service to their Droid X will pay $20 per month for the service. The 32GB SanDisk microSDHC card is available for $99.99 when purchased along with the new Droid X or for $149.99 when purchased separately.

Verizon is allowing customers who have contracts ending by Dec. 31, 2010, to upgrade to Droid X without penalty.

The Droid X enters the summer smartphone fray with strong competition from other OEMs, most notably the HTC Evo 4G from Sprint, Apple’s iPhone 4 and the Galaxy S devices from Samsung.

There’s more management shuffling at Motorola as the struggling handset maker works to regain profitability and plans to split itself in two. The handset maker has named Rob Shaddock as the new head of consumer products for the group. A former senior vice president of mobile devices, Shaddock will now oversee all handsets except those aimed at business users.

John Cipolla has been promoted to senior vice president for mid- to high-tier products; Steve Lalla, will now oversee teams focused on mass-market handsets; and Todd DeYoung, who currently heads strategy and business development for the group, will now be responsible for making sure handsets fit in with the company’s overarching strategy and are market-appropriate.

Aside from promotions, the reorganization combines hardware and software teams within each product category under one leader. The category heads will have more authority over the entire development process. The company said the latest reorganization is aimed at improving product development strategy and creating a more “predictable” time to market for new products. The new promotions should also help the group keep senior executives when the company splits in two.

The company also announced a reorganization of its sales staff, naming Bruce Brda as the head of coordinating worldwide sales. Brda previously oversaw sales for North America.

Motorola, Inc. (NYSE:MOT), a global leader in mobile communications today announced an agreement with PCCW-HKT Telephone Limited, a subsidiary of Hong Kong’s leading telecommunications provider, PCCW Limited (SEHK: 0008, NYSE ADR: PCW), to conduct a six-month technical trial using Motorola’s end-to-end Mobile TV system in Hong Kong.

The trial will run from September 2006 to March 2007 within Hong Kong’s Quarry Bay district and will include Motorola DVB-H enabled mobile devices, network solutions and interactive services platform. During the course of the trial, PCCW will evaluate the technical capabilities and the operational performance of DVB-H in Hong Kong.

“Mobile TV is the next generation of mobile video entertainment experiences and this trial is an important step forward in bringing this experience to consumers,” said Simon Leung, president of Motorola Asia Pacific. “We’re pleased to work together with PCCW to support their efforts and hope to see these services based on our solutions to become commercially available for Hong Kong subscribers soon after the technical trial.”