Feeds

Motorola to axe more fabs

"Asset light"

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

"Asset light" Motorola will close more chip fabs and lose another 9,400 staff to save a $1 billion a year.

"The greatest impact of these actions is in the Semiconductor Products segment," said the company in its Q4 guidance.

Moto wouldn't say which fabs would be closed. The company has suggested that it will spin-off its loss-making chip business, and a fabless, or at least fab-light division would make it a more attractive buy. Deals have been inked with Chartered and TSMC to fab Moto silicon.

CEO Chris Galvin said he expected Motorola to break even in the second half of next year, and with sales 5 to 10 per cent lower this year than in 2000. "Personal Communications", which includes handsets, remains the only division to see increased margins, albeit on weaker demand, in the most recent quarter. ®

Next gen security for virtualised datacentres

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
prev story

Whitepapers

A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.