Motorola 2007 Annual Report Download - page 3

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April 2008
Fellow Shareholder,
Motorola has a strong global brand, talented people and a proven record of creating disruptive
technologies and innovative products that advance the way the world connects. We help meet the
needs of consumers, businesses and governments around the world. As we enter Motorola’s 80th
year, my goal as the new CEO is to build on our strong foundation, to renew and strengthen the
company and to create increased value for our shareholders.
To achieve this, we are committed to growing the value of our businesses, being our customers’
most valued partner, and creating a winning culture focused on execution.
Looking ahead, we will continue to implement our strategic plans and pursue opportunities for
increased profitability across all of our businesses while never losing sight of our customers, quality
and innovation.
2007 Overview
During 2007, our Mobile Devices business faced significant challenges. We recognize these
challenges and have worked hard to accelerate the business’ recovery. We are committed to
improving our operational and financial performance in Mobile Devices and have already taken
steps in that direction. While our product portfolio enhancement efforts are underway, they will take
more time to complete. During this transition, we will maintain a significant focus on cost, cash and
driving profitability improvement.
As for Home & Networks Mobility and Enterprise Mobility Solutions, each of these businesses
delivered solid results, finished with strong momentum and maintained category leadership
positions in growing markets.
In Home & Networks Mobility, we are focused on both delivering personalized media experiences to
consumers at home and on-the-go and enabling service providers to operate their networks more
efficiently and profitably. Our investments in the home enable us to continue capitalizing on strong
underlying demand for high-definition and video-on-demand services, as well as the convergence
of services and applications across delivery platforms.
Our Enterprise Mobility Solutions business delivers exciting new technologies to an expanding
mobile workforce and provides an innovative product offering to government and public safety
customers. In 2007, we successfully completed the integration of Symbol Technologies, which has
enabled us to help our enterprise customers reduce costs, increase worker productivity and
enhance their mobility experience. Our mission-critical communications solutions continue to
address top-priority homeland security and public safety concerns for customers around the world.
Additionally, we remain focused on our environmental footprint and supporting our communities as
a responsible corporate citizen. We also encourage employees to volunteer in the community and
conducted our second annual global day of service, during which over 11,000 employees gave
their time, talent and energy to 300 non-profit organizations in 47 countries.
continued –