Motorola net rose 44% in 4th period, propelled by chip, cellular technology

Article Abstract:

Motorola Inc reports 4th qtr 1992 earnings of $181 million, or $1.35 per share, up 44 percent from 4th qtr 1991 earnings of $126 million, or 96 cents per share. Revenue rose 22 percent from $3.04 billion to $3.71 billion over the same period. The company's stock, which has risen more than 50 percent since mid-1992, rises another $1 to $112.375 on Jan 13, 1993, the day the results are announced. As the world's biggest manufacturer of pagers, two-way radios, cellular phones and microprocessors used in gear other than computers, Motorola has benefited immensely from the surge in wireless communications since the late 1980s. For all of 1993, Motorola's communications products sector posted an operating profit of $237 million on $4.14 billion in sales; its semiconductor products sector posted an operating profit of $464 million on $4.48 billion in sales, and its general systems sector, which primarily makes cellular equipment, posted an operating profit of $457 million on $3.59 billion in revenue.

Finance, Telecommunications equipment industry, Increase, Financial Report, Fourth Quarter

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Motorola video-display venture aims to wrest market share from Japanese

Article Abstract:

Motif Inc is a new joint venture between Motorola Inc and In Focus Systems Inc whose aim is to compete with the Japanese for market share in the video display panel market. The company aims to manufacture a new matrix liquid crystal display (LCD) by 1995. The new product will be used for wireless communications devices, television projectors and notebook computers and is expected to compete with Japanese active matrix LCDs, offering a similar product at a lower price. The LCD market is expected to total $2.5 billion in 1992, increasing to $8 billion by the year 2000. Competition between the US and Japan in this market, however, is dependent on Japanese companies' ability to improve manufacturing methods so that production of active-matrix displays will not be so expensive.

Computer terminals, Computer peripheral equipment, not elsewhere classified, Electronic Components and Accessories, Product development, Japan, Marketing, Joint ventures, Computer peripherals industry, Liquid crystal displays, InFocus Systems Inc., INFS, Competition, LCD Display, Motif Inc.

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Motorola completes the first round of funding for satellite-phone project

Article Abstract:

Motorola finishes the first round of its capital financing for its $3.4 billion Iridium satellite-phone project, with an undisclosed number of corporations and organizations investing a total of $800 million. The companies include Sony, Mitsubishi, Mitsui, Daini Denden, Kyocera, Sprint and BCE Mobile. The US's McDonnell Douglas, China's Great Wall Industry Corp and Russia's Khrunichev Enterprise will provide launch rockets for the project. If completed, the iridium project will be the largest private aerospace program in history. Initially, Iridium phones are expected to cost about $3,000 each and $3 per minute of usage. Opponents of the Iridium project maintain that Iridium phones would be too expensive to use.

Research, Telecommunications services industry, Telecommunications industry, Wireless LANs, Industrial research, Satellite communications, Capital investments, Wireless local area networks (Computer networks), Research and Development, Capital Investment, Financing, Mobile Phones, Wireless Network

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