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Motorola says 2000 prospects are excellent
Posted: 10-Mar-2000 [Source: Reuters]

[Motorola predicts strong prospects for CDMA in Asia.]

Kuala Lumpur -- "U.S. telecommunications equipment maker Motorola Inc said its business prospects for 2000 are strong in all regions of the world and it is positioned as a key player in the new digital economy.

"``Motorola's business prospects for 2000 look excellent,'' Motorola said in answering written questions submitted by Reuters during a recent visit to Malaysia's capital by chief executive Christopher Galvin. The answers were provided on Friday.

"``Our business prospects are strong in all regions of the world.''

"Motorola said Asia has resumed rapid growth and ``with recent developments in India, we can expect that market to move faster than it has done in the past two years.''

"The U.S. firm said it continues to see high growth in China and Southeast Asia.

"``Europe and Latin America are also showing strong growth. With the .com boom sweeping the region we know our thinking and linking solutions will continue to find more and more outlets.''

"Motorola said all forecasts over the past decade for the growth of mobile communications and embedded electronics around the world have been ultra-conservative.

"``Results have far outstripped growth expectations and we can see no sign of any slowdown in demand for small, personal data and voice communications devices,'' it said.

"Motorola said there was growing interest among Asian operators in CDMA mobile phone networks as a narrow-band technology.

"CDMA, or Code Division Multiple Access, is widely used in the United States and is growing quickly in South America and Canada. Market share leader GSM, or Global System for Mobile Communications, dominates in Europe and Asia.

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