[clari.tw.electronics] Motorola posts record 1989 results

clarinews@clarinet.com (01/19/90)

	SCHAUMBURG, Ill. (UPI) -- Motorola Inc. Thursday reported
fourth-quarter net income of $132 million, or $1.01 a share, up nearly
6.5 percent compared with $124 million, or 95 cents a share, in the
year-ago quarter.
	Sales for the quarter were $2.65 billion compared with $2.19
billion in the year-ago quarter.
	For the year, net income was a record $498 million, or $3.83 a
share, compared with $445 million, or $3.43 a share, in 1988.
	Sales for 1989 also set a a record at $9.62 billion, compared with
$8.25 billion in 1988.
	``The cellular telephone market continues to expand rapidly,'' said
Motorola Chairman George Fisher. He added that the near-term outlook for
the semiconductor business is more modest, but that ``we see improvement
later in 1990, and a return to more traditional rates of growth in
future years.