Apple's AIM Alliance partner and semiconductor supplier Motorola is filing a shelf registration statement with the Securities and Exchange Commission (SEC) to allow the company to sell up to $2 billion of securities to the public.

There are no immediate plans to issue securities but Motorola would like the option to raise capital in response to changes in the economic climate.

The registration statement provides for up to $2 billion of a variety of securities. Motorola president and chief operating officer Bob Growney said: "We are constantly monitoring conditions in the financial markets in order to raise appropriate amounts and kinds of capital.

"The registration statement gives us the flexibility to continue our long-standing practice of moving quickly and decisively to enter the public capital markets when the time is right."