Feeds

Motorola shows gains in Q1

Claws way back in semiconductor market

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

US giant Motorola said that its first quarter financial results show that it is returning to profitability in its chip business. Overall, Motorola showed turnover of $7.2 billion, with net profits of $171 million. That represents a five per cent increase in revenues from the same period last year. Net margin on its products was 2.4 per cent. According to chief operating officer Robert Gowney, Motorola sees "continuing improvements in the semiconductor business, which returned to profitability." The following are the 1999 first-quarter results of major operations compared with the first quarter of 1998. In its mobile business, sales rose by eight per cent. Its network system sales rose by five per cent, quarter on quarter, with digital infrastructure sales accounting for 95 per cent of its terrestrial systems turnover. In its chip business, sales were 11 per cent higher, with this division turning in an operating profits of $47 million compared to a loss of $58 million in the same period last year. European orders fell, while orders increased in the Americas, Asia and Japan. The turn round was led by wirleess communications. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
Vodafone to buy 140 Phones 4u stores from stricken retailer
887 jobs 'preserved' in the process, says administrator PwC
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.