REGISTER | LOGIN
Breaking News
Comments
Kinnar
User Rank
Author
Freescale has very diversified product range
Kinnar   10/26/2013 9:08:24 AM
NO RATINGS
Freescale has a wide range of the products available in their portfolio along with a focus toward the new developing trends in Automotive, MEMS, IoT and lot more. Especially they are now having a focus on the developing Asian Markets. This will be a helping a continuous growth.

rick merritt
User Rank
Author
Re: Freescale has very diversified product range
rick merritt   10/26/2013 10:36:54 AM
NO RATINGS
Looks like one of those lucky quarters where everything was up in its diversified portfolio.

The LTE build out has certainly been a high spot for many chip and gear makers.

daleste
User Rank
Author
Re: Freescale has very diversified product range
daleste   10/26/2013 1:30:47 PM
NO RATINGS
Good to see Freescale doing well.  Hope it continues and they can pay off their debt.

Susan Rambo
User Rank
Author
Re: Freescale has very diversified product range
Susan Rambo   10/26/2013 3:45:25 PM
NO RATINGS
Yes, on the call the Freescale execs kept saying they're taking it "quarter by quarter" --  they seemed cautiously optimistic. The company is chipping away at its debt. In his statement on the earnings call, Freescale's CFO Alan Campbell said Freescale "recalled of a use of approx $100 million of cash to redeem most of remaining 2014 maturities. The annual interest savings assoc with this transaction was aprox 9 million. In addition, completed another refinancing of 2018 debt with associated cash interest savings of 26 million. This leaves us with about 90% of debt maturing in 2018 and beyond. Year-to-date we have reduced our annualized cash interest by approximately $50 million and we will continue to use cash to delever and be opportunitistic in refinancing some of our high coupon debt."

Sanjib.A
User Rank
Author
Re: Freescale has very diversified product range
Sanjib.A   10/26/2013 10:49:54 PM
NO RATINGS
I think Freescale has its footprint majorly into the industrial and automotive domain, rather than into the commercial phone/tab/PC business. Last few quarters were pretty bad for the industry. I am not a market analyst, but looking at the Freescale results this time can we make an assumption that things are getting positive in core industries and automotive? 

Kinnar
User Rank
Author
Re: Freescale has very diversified product range
Kinnar   10/27/2013 9:21:17 AM
NO RATINGS
@Sanjib, Yes the core and automotive industries connected result of Freescale results are good, but we can not predict about the entire industrial segment, but yes for Freescale it is good.

@Susan, It's a race, may be slow and steady will win...



Like Us on Facebook
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Martin Rowe

Test Tool Finds Ethernet Wiring Errors
Martin Rowe
Post a comment
When my house was renovated several years ago, I had the electrician install network outlets in numerous places, then run the LAN cables to a wiring closet. But he didn't document the ends ...

Martin Rowe

Local Electronics Store Supplies Engineers and Hobbyists
Martin Rowe
5 comments
Rochester, N.Y. — Tucked away in this western New York city known for its optics is Goldcrest Electronics, a local store that's supplied businesses and individuals with electronic ...

Martin Rowe

How to Transform a Technology University (Book Review)
Martin Rowe
1 Comment
The Presiding Genius of the Place by Alison Chisolm. WPI, Worcester, Mass., 234 pp., 2016. Engineers love to discuss, and often criticize, engineering education. They often claim ...

Max Maxfield

Aloha from EEWeb
Max Maxfield
Post a comment
Just a few minutes ago as I pen these words, I posted this blog about this month's Cartoon Punchline Competition over on EEWeb.com.