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Motorola Expects China Growth
Jan 9, 2003
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Motorola Inc. said it expected that sales from China rose about 15 percent in 2002 because it had exported more cell phones and
semiconductor chips. Motorola, a maker of mobile telephones,
had U.S. $5.7 billion in sales from China last year, including both domestic sales and exports, the company's president, Mike
Zafirovski, said. Its 2001 global sales were $30 billion.
Motorola is scheduled to announce its results this month. "We expect the numbers to at least increase to double digits in
2003," said Mr. Zafirovski, who was in Shanghai for an event to
introduce eight new phone models. (Bloomberg News)

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