Motorola 2007 Annual Report Download - page 9

Download and view the complete annual report

Please find page 9 of the 2007 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 146

  • 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
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146

PART I
Throughout this 10-K report we “incorporate by reference” certain information in parts of other documents
filed with the Securities and Exchange Commission (the “SEC”). The SEC allows us to disclose important
information by referring to it in that manner. Please refer to such information.
We are making forward-looking statements in this report. In “Item 1A: Risk Factors” we discuss some of the
risk factors that could cause actual results to differ materially from those stated in the forward-looking statements.
“Motorola” (which may be referred to as the “Company,” “we,” “us,” or “our”) means Motorola, Inc. or
Motorola, Inc. and its subsidiaries, or one of our segments, as the context requires. “Motorola” is a registered
trademark of Motorola, Inc.
Item 1: Business
General
We provide technologies, products and services that make a broad range of mobile experiences possible. Our
portfolio includes wireless handsets, wireless accessories, digital entertainment devices, wireless access systems,
voice and data communications systems, and enterprise mobility products. With the rapid convergence of fixed and
mobile broadband Internet and the growing demand for next-generation mobile communications solutions by
people, businesses and governments, we are focused on high-quality, innovative products that meet the expanding
needs of our customers around the world.
Motorola is a market leader in the following businesses:
• The Mobile Devices business designs, manufactures, sells and services wireless handsets with integrated
software and accessory products, and licenses intellectual property.
• The Home and Networks Mobility business designs, manufactures, sells, installs and services: (i) digital
video, Internet Protocol (“IP”) video and broadcast network interactive set-tops (“digital entertainment
devices”), end-to-end video delivery solutions, broadband access infrastructure systems, and associated data
and voice customer premise equipment (“broadband gateways”) to cable television and telecom service
providers, and (ii) wireless access systems (“wireless networks”), including cellular infrastructure systems
and wireless broadband systems, to wireless service providers.
• The Enterprise Mobility Solutions business designs, manufactures, sells, installs and services analog and
digital two-way radio, voice and data communications products and systems for private networks, wireless
broadband systems and end-to-end enterprise mobility solutions to a wide range of enterprise markets,
including government and public safety agencies, as well as retail, utility, transportation, manufacturing,
healthcare and other commercial customers.
Motorola is a corporation organized under the laws of the State of Delaware as the successor to an Illinois
corporation organized in 1928. Motorola’s principal executive offices are located at 1303 East Algonquin Road,
Schaumburg, Illinois 60196.
Business Segments
Motorola reports financial results for the following three operating business segments:
Mobile Devices Segment
The Mobile Devices segment (“Mobile Devices” or the “segment”) designs, manufactures, sells and services
wireless handsets with integrated software and accessory products, and licenses intellectual property. In 2007, the
segment’s net sales represented 52% of the Company’s consolidated net sales.
1