Zander got &#36;13.2M from Motorola in '06
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Motorola Inc. Chief Executive Ed Zander received $13.2 million in compensation in 2006, according to a proxy statement filed Friday, for a year in which the cell-phone maker boosted sales and market share but saw profits decline under pressure from rivals.
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(InfoWorld) - Motorolaâs Greg Brown was channeling Winston Churchill last week when he announced his companyâs plans to take on the BlackBerry market with wireless devices for all manner of enterprise jobs. âWe will address the needs of mobile workers in the office, out in the field, in the factory, at retail, and across the supply chain,â said Brown, president of Motorolaâs network and enterprise business. Hey! What about âon the landing groundsâ? But big talk was the order of the day, as Brown tried to explain what Motorola hopes to do after it digests its $3.9 billion acquisition of Symbol Technologies. Symbolâs stock and trade is handheld computers and bar-code scanners used to capture data in warehouses and factories. If you have signed for a UPS package recently, the chances are you did so on a Symbol device. Motorolaâs specialty, on the other hand, is WANs. The plan is to join the two and push more wireless data devices into all corners of the enterprise by cutting across devices, infrastructure, applications, and services, Brown said. âSymbolâs strength in capturing, moving, and managing data inside the building directly complements â¦ Motorolaâs network capabilities outside of the building,â Brown said. Motorola is already envisioning the types of products and services it will be able to offer. For example, Symbol is a leader in RFID, the short-range wireless technology that companies are just beginning to use to track products and assets. Motorola would like to expand RFIDâs reach by combining cellular, Wi-Fi, WiMax, and RFID in a way that can help enterprises track products throughout their lifecycles, spanning private networks inside offices and public networks outside, said Ed Zander, Motorolaâs chairman and chief executive. Symbol is developing wireless devices catering to various industries, such as medical, transportation, and retail. âI looked at all the devices and imagined the Wi-Fi and WiMax play,â Zander said. Motorola also sees opportunities in Symbolâs enterprise WLAN business. Symbol has deployed 45,000 such networks that will eventually need to be upgraded to higher speeds. And there are still lots of enterprises that have yet to install their first wireless networks, Zander added.
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Edward Zander always wanted to be in charge. After 25 years in high technology, including five years as a prominent second banana at Sun Microsystems, Zander got his wish. In January he became chief executive at Motorola, a fallen angel of mobile communications. It used to own the business. It doesn't anymore.
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InfoWorld - The day after&#160;announcing that 4,000 employees will be laid off, Motorola CEO Ed Zander told investors that he plans to boost profits with a wide range of multimedia handsets instead of relying on a single blockbuster product like the Razr cell phone.
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Motorola Inc.  on Tuesday said quarterly earnings rose 34 percent, beating Wall Street expectations, as it regained global market share in wireless handsets amid robust sales of its most advanced phones.
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The company says it will take a charge of 50 (m) million dollars for severance benefits. Motorola is completing a spinoff of its Austin-based chip operations, now operating independently as Freescale Semiconductor.
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The U.S. sale of airwaves for   advanced wireless services grossed a record $13.9 billion when   it ended on Monday, and spectrum-hungry wireless carrier   T-Mobile USA, Verizon Wireless and a group of cable companies   were the highest bidders.
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By Keiko Morris, Newsday, Melville, N.Y.  Sep. 20--Motorola Inc.
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Motorola Inc. MOT.N, the  second-largest mobile phone maker, said on Tuesday it expects  to sustain strong sales growth in the second half of 2004 on  new handsets, sparking a 4.7 percent jump in its shares.
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But alleged specs rather sus Speculation surrounding the release of Motorola's alleged Sidekick -style handset, aka Zante, took a leap forward this week, following the release of some glamorous pictures and - it has to be said - a somewhat iffy spec sheet.â¦
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(InfoWorld) - The future of the mobile communications industry lies inÂ emerging high-growth markets, like China and India, and companies ignore the opportunities in these countries at their own peril, Motorola's top executive said. "It's where the future is, not only for low-end handsets but forÂ mobile communications," said Ed Zander, Motorola's chief executive officer, during an interview at the International Telecommunication Union (ITU) Telecom World 2006 conference and exhibition in Hong Kong. "You've got to make the investments. It's painful in terms of cost. ... But three to five years from now you're going to look back and say it was the right thing to do," Zander said. In recent years, Motorola has worked hard to build its presence in high-growth emerging markets, investing heavily in its operations in China, India, and elsewhere. As part of these efforts, the company was awarded two contracts by the GSM Association, an industry group comprised of operators around the world, for a low-cost GSM (Global System for Mobile Communications) handset designed for emerging markets . "The press sometimes focuses on whether we can get a $20 or $10 handset, but it's the next 4 billion people that are going to get connected and all of the communications that goes with it, the infrastructure," Zander said. The rapid pace of economic growth and the large populations in these countries means that vendors cannot afford to stay away if they want to remain competitive. "You have to be in these countries. That's the bottom line. Do you want to be in business 10 years from now? Doing business in the U.S. is great. We love it. Doing business in Europe is nice. We love it. But China and these other countries is where the growth is," Zander said. Low-end products have helped Motorola build volume in emerging markets, but these countries also have sizable populations of affluent consumers, particularly in major cities such as Beijing and Mumbai. "If you're not in the country you don't get to sell this stuff," he said. Emerging markets are also an increasingly important source of research and development (R&D) for Motorola. "We have more than half our R&D outside the U.S. In China alone, we have 18 R&D centers and 3,000 engineers," Zander said, noting that these investments are not driven by a desire to reduce R&D costs or outsource operations from the U.S. "You go to India and the PhDs coming out of there are some of the best in the world, and China every year is graduating more and more students in engineering, math, and science," Zander said. "We have to be where the smart people are."
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(InfoWorld) - A troubled Motorola has realigned itself as its criticalÂ cell-phone business slows down. The company sketched out the reorganization in a U.S. Securities and Exchange Commission filing Tuesday, two days before it is set to announce its second-quarter financial results. Last week, Motorola slashed its earlier revenue forecast for the quarter and predicted a larger loss, blaming lower phone sales. It also named a new chief of its mobile unit, Stu Reed. Other recent changes in the executive ranks have also rocked the company. Motorola is now split into three divisions: Mobile Devices, Home and Networks Mobility, and Enterprise Mobility Solutions. The company is moving its Good Technology mobile e-mail software business from the Mobile Devices division into Enterprise Mobility Solutions. Its carrier equipment business has been combined with home broadband products in the Home and Networks Mobility segment with the new enterprise unit focusing on private network products. The Home and Networks Mobility group is responsible for set-top boxes and digital video systems for carriers, home DSL and cable modems, and wired and wireless broadband network gear. The Enterprise group encompasses analog and digital two-way radio and other voice and data communications systems for government, businesses and Motorola's large public safety customer base. Good Technology, whichÂ Motorola acquiredÂ in a deal completed in February, is a mobile messaging platform with enterprise features like centralized lockdown of unwanted applications on the phone. It competes against Research in Motion's BlackBerry system and Nokia's Intellisync technology. After the rousing success of the slim Razr handset, which started out as a premium-priced bauble and quickly became a mass-market commodity, Motorola has had trouble coming out with an encore. A Razr 2 is expected later this year. New handsets from Nokia, Samsung, and LG Electronics had stolen the spotlight even before Apple's iPhone, which debuted June 29, became the talk of the industry. Meanwhile, sales for all makers have stagnated in higher-priced markets like North America and Europe while rising in lower-priced India and China, according to industry analysts. Last Wednesday, Motorola said it expected to report 35 million to 36 million handset sales in the second quarter, down from 45.5 million in the previous quarter. Its revenue forecast dropped from $9.4 billion to between $8.6 billion and $8.7 billion. The company now expects to lose between $0.02 and $0.04 in the quarter.
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TELEKOM Malaysia Bhd will need to fork out an additional US$344.5mil (RM1.31bil) next year on top of the US$314mil and US$156mil it is paying for stakes in Indonesiaâs Excelcomindo (Excel) and Indiaâs Idea Cellular respectively.
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(InfoWorld) - Two days after it restructured operations, MotorolaÂ on Thursday reported that flagging sales of mobile devices were a factor in its second-quarter loss of $28 million, or $0.01 per share. The telecommunications device maker posted income of $1.38 million, or $0.55 cents a share, one year earlier. Revenue declined by 19 percent to $8.73 billion from $10.82 billion one year earlier. The drop was expected: Motorola issuedÂ preliminary financialsÂ last week, warning that its results would be lower than had been forecast. The company said Thursday that excluding one-time costs, it would have earned $0.02 per share. Analysts surveyed by Thomson Financial, who revised estimates lower after last week's warning, were forecasting break-even results on sales of $8.64 billion. Layoffs and other one-time charges were responsible for losses amounting to $0.04 per share. But the loss for the quarter underscores the company's beleaguered mobile device business, which has been outflanked by rivals including Apple. The pressure will continue. Motorola announced that it expects earnings in the third quarter to be equal to or slightly higher than the second quarter, and that its mobile devices unit will probably not be profitable this year. The company saw a drop in mobile device sales in Asia, a hot market where vendors are trying to get a big share of the market in fast growing economies, as North American and European markets become saturated with mobile phones. Motorola has taken steps to address its problems. The vendor announced Tuesday that it's restructuring into three business divisions: Mobile Devices, Home and Networks Mobility, and Enterprise Mobility Solutions. It also has a new chief of its mobile unit, Stu Reed. Motorola CEO Ed Zander has beenÂ under pressureÂ to resign. He attracted criticism from big-name investor Carl Icahn earlier this year, and recently has been attacked by activist shareholder Eric Jackson for the way he's running the company. Although Motorola has taken steps to cut costs, a core challenge for the company is product design in the competitive handset arena. ItsÂ Razr deviceÂ was praised for its design, but in a fast-paced market quickly became an also-ran, under a barrage of products from rivals that in addition to Apple include Nokia, Samsung Electronics, and LG Electronics. Despite expecting mobile phone sales to be under increasing pressure, Motorola did say that it expected its overall financial results to improve during the second half of the year. Thursday morning, Motorola shares were trading at $18.18, up $0.18 from its opening. Â
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Motorola's latest move against its rival is a lawsuit.
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Motorola Inc. , the No. 3 worldwide maker of cell phones, on Tuesday said quarterly earnings rose, helped by robust holiday sales.
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Motorola Inc. MOT.N, the world's No.  2 maker of cell phones, on Tuesday said its quarterly profit  more than tripled, as sales rose 26 percent, driven in part by  a host of new handset models and cost controls.