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Motorola Spins Off Chip Business

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Source: CNBC

Motorola Inc. (MOT), one the world's top 10 makers of computer chips, on Monday said it would spin off its semiconductor unit into a separate, publicly traded company.

Motorola said the move reflects its increasing focus on finished communications products, such as wireless networks and telephone handsets.
 
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schweb
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Another take from CNet
 

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