Motorola has announced its third-quarter results, reporting sales of $9.5 billion - an increase of 18 per cent from the same period last year.
Motorola’s net earnings in the last nine months reached $1,561 million, climbing from $814 million in the same period last year.
Excluding special items, earnings from ongoing operations were $598 million, or 26 cents per share, up 66 per cent from $361 million, or 16 cents per share in the year ago quarter.
Solid Robert Growney, Motorola’s president and CEO, said: “Motorola continued to make solid progress on improving its financial performance.”
Analysing the results, he continued: "Significant contributions to the company's growth in sales and operating profits came from the semiconductor products, broadband communications and global-telecom solutions."
Motorola has shipped its 100 millionth communications-processor, it’s processor product family includes the PowerPC chips at the heart of all Apple computers since 1994, and also the C-Port and PowerQUICC families – the company currently has over 4,000 communications-processor designs in production.
AIM partner IBM today also announced its plans to open a major new production centre to produce semiconductors from across its product range.