InterDigital Inc (IDCC)

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Motorola exports hit US$655mil



RELATED SYMBOLS: (FLEX)(ERICD)(MOT)

Brazil, Feb 13, 2003 (Gazeta Mercantil/SABI via COMTEX) -- Despite the 48%
increase on the exports of mobile phone in 2002, the Brazilian subsidiary of
Motorola registered 9,4% drop on external sales if compared to 2001, from
US$723.51mil to US$655.33mil. The fall led the company to change the exports
products mix and to expand sales to the US, main TDMA technology consumer.
Motorola trades between 50% and 60% of its Jaguariuna-based plant output (Sao
Paulo state) to the US market. The company was considered third major exporter
of the country, reaching US$704.57mil, 21% up 2001. Motorola also expanded the
domestic market share at 5%, to 25% aiming to reach between 30% and 35%.
Meanwhile, Nokia has 36% share at Brazilian market and announced it exported
US$525mil last year, 265% boom over 2001 -13th major exporter. The company
expected to reach US$450mil. The exports of the mobile phones producer Sony
Ericsson - j.v. between Sony and Ericsson, amounted to US$60.44mil, 82% decrease
in comparison to 2001. The group moved the manufacturing to Flextronics plant,
which was responsible for US$55.4mil external sales.



Copyright (c) 2003, South American Business Information, All rights reserved.

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INDUSTRY KEYWORD: Cellular Telephone Equipment
EVENT: Exports
Market Information

(Wall Street)