Online information source for semiconductor professionals

Freescale getting out of mobile market

03 October 2008 | By Mark Osborne | News > Fab Management

Popular articles

New Product: Applied Materials new EUV reticle etch system provides nanometer-level accuracy - 19 September 2011

Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008

‚??Velocity‚?? the new buzzword in Intel‚??s PQS annual awards - 12 April 2012

Applied Materials adds Jim Rogers to Board of Directors - 29 April 2008

New Product: ASML Brion‚??s Tachyon MB-SRAF enables OPC-like compute times - 19 September 2011

Rich Beyer, Chairman and CEO of FreescaleCiting the lack of scale to compete with rivals in a fast consolidating market, Freescale has announced plans to exit the mobile handset chip market to focus on automotive and networking chip markets instead. Rumors had circulated that Freescale was in a weak position after the move by NXP and STMicroelectronics to merge wireless operations.

“In the cellular handset chipset market, it has become evident that this business needs considerably greater scale in order to achieve a position of market leadership and long-term success,” commented Rich Beyer, Chairman and CEO of Freescale (pictured). “We feel the investment required to achieve that scale by Freescale will be better served extending our product portfolios where we are the leader and expanding our application expertise in sensors, analog, power and multimedia processing.”

Freescale said that they wouldn’t spin-off the division as the costs to compete were too great. Instead, Beyer is seeking a buyer or merger with another company.

Related articles

Freescale sets up 200mm MEMS production line - 14 January 2008

Freescale completes takeover of SigmaTel - 01 May 2008

Freescale taps credit agreement for $184 million - 22 January 2009

Freescale‚??s fab in Sendai, Japan too damaged to be reopened - 06 April 2011

Freescale spins off MRAM into EverSpin Technologies - 09 June 2008

Reader comments

No comments yet!

Post your comment

Please enter the word you see in the image below: