Replies to post #2 on Freescale Semiconductor (FSL)

[SeriousMoney]

Cost Controls Boost Freescale's Net
<By Staff Reporter, WALL STREET JOURNAL, 10/21/05>

Freescale Semiconductor Inc.'s net income in the third quarter nearly tripled as cost controls helped offset sluggish sales.

The Austin, Texas, chip maker reported net of $164 million, or 38 cents a share, up from $57 million, or 15 cents a share, in the year-earlier period. The latest quarter included a $26 million pretax gain and a $10 million write-down of receivables stemming from Troy, Mich., auto-parts supplier Delphi Corp. filing for bankruptcy protection.

Sales rose 1.4% to $1.45 billion from $1.43 billion as demand for the company's automotive and networking-gear chips stalled. Revenue from the company's mobile-phone-chip division rose 8.5%.

Freescale, the nation's third-largest chip maker behind Intel Corp. and Texas Instruments Inc., makes a wide range of chips for cars, cellphones, Internet networking gear, and home appliances. It was spun off by Motorola Inc. in 2004 and is the primary chip supplier to the Schaumburg, Ill., maker of telecommunications equipment.

http://online.wsj.com/article/SB112986076109775332.html?mod=yahoo_hs&ru=yahoo

[SeriousMoney]

CommASIC gives Freescale OFDM-based technology for wireless-LAN, WiFi, WiMax & Digital Video Broadcast (DVB).

Freescale acquires fabless company CommASIC
<EETimes, 10/20/05>

MANHASSET, N.Y. — Freescale Semiconductor has acquired CommASIC, a San Diego-based fabless semiconductor company, to strengthen its offerings in wireless broadband technologies.

Freescale (Austin, Texas) did not disclose terms of the transaction.

Privately-held with 30 employees, CommASIC provides modem processing multimode technologies, including orthogonal frequency division multiplexing (OFDM)-based solutions, such as Wi-Fi-certified 802.11 a/b/g. These solutions enable low-cost wireless broadband capability in various mobile and consumer devices.

"This acquisition gives Freescale a base architecture and system expertise that can be leveraged across any OFDM-based technology such as wireless-LAN, WiMax and Digital Video Broadcast (DVB)," said Sumit Sadana, Freescale's senior vice president, Strategy and Business Development, in a statement.

CommASIC’s team will staff Freescale's newly formed San Diego Design Center, which will work in concert with other Freescale design centers to advance the company's connectivity roadmap.

http://www.eet.com/news/latest/showArticle.jhtml?articleID=172302845&printable=true