Motorola 2002 Annual Report Download - page 46

Download and view the complete annual report

Please find page 46 of the 2002 Motorola annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 48

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48

44 Motorola, Inc.
INTEGRATED
ELECTRONIC
SYSTEMS
SEGMENT
Your car is packed with electronics. Your notebook
computer and mobile phone work longer than ever
w ithout recharging. And complex automated equip-
ment is increasingly assembled from basic computing
building blocks. In each case, there are systems
within systems, functionalities within functionalities,
technologies within technologies – little things that
make bigger things do more and more with less and
less. A lot of those little things are ours.
In automobiles, we provide the electronics for the
powertrain, chassis, sensors, interior controls and
Telematics systems, an automotive market tech-
nology that enables automated roadside assistance,
navigation and advanced safety features. The
automotive market is where we started as a com-
pany, and today we see exceptional opportunities
in three broad automotive electronics arenas:
>The Netw orked Automobile, connectivity w ith
the world of wireless information.
>The Architected Automobile, connectivity
among advanced, in-vehicle systems.
>The Aware Automobile, connectivity with the
changing dynamics of the driving environment.
In portable electronic devices, we’re the experts
at integrating power-related technologies that drive
performance. For original equipment manufacturers
in various industries, we provide open-architecture
hardware, rich software and application-ready
platforms that help customers quickly and cost-
effectively bring their products to market.
Integrated Electronic Systems Segment (IESS)
sales were $2.2 billion in both 2002 and 2001. For
2002, IESS reported operating earnings of $52
million, presented on a GAAP basis, versus an
operating loss of $171 million a year ago. Excluding
special items, IESS reported operating earnings of
$115 million, compared with an operating loss of
$12 million a year ago. The improvement in operating
earnings, excluding special items, was the result of
benefits from actions taken to reduc e operating costs.
The future for the markets we serve is bright,
with estimated annual growth rates of 8% for
automotive electronics, 6% for the portable energy
market, 16% for embedded computing and 45% for
Telematics systems.
HIGH PRESSURE
SENSOR FOR
BRAKING SYSTEM
ONSTAR™
ARCHITECTED AUTOMOBILE
DIRECT DIESEL
INJECTION HIGH
PRESSURE SENSOR