Rich Beyer, chief executive of Freescale, said that despite the overall environmental turmoil, the company's gross profit margin and overall profitability are still good. Looking ahead to this quarter, the weakness of the semiconductor market will still have an adverse effect on operations.
Sales of the Freescale Q3's Microcontroller Division decreased 6% to US$395 million (8% in quarter), and radio frequency (RF)/analog/sensor revenues increased 13% to US$306 million. %). Network and multimedia revenues decreased by 14% to US$292 million per year (+6% in quarter), and mobile phone revenue increased by 8% to US$97 million in the quarter (20% in quarter).
Freescale's normal trading period rose by 2.45 percent to close at $12.15 on the 20th; after-hours trading fell by 1.15% to $12.01.
Freescale was independent from Motorola in July 2004 and listed on the New York Stock Exchange (NYSE) under the symbol "FSL" on May 26, 2011. Its competitors include Analog Devices and STMicroelectronics. OKI Semiconductor, MediaTek (2454), digital video IC designer Zoran Corporation, Renesas Electronics Corp. Freescale is the largest automotive wafer supplier in the United States and is also the Amazon com Kindle chip supplier for e-book readers.
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