Now, looking at gross margins and operating expenses, our gross margins were 42.3 compared to 43.9 in the fourth quarter. Our margins were negatively impacted on a sequential basis by lower sales volumes and product mix, but we managed to partly offset the impact through operational efficiencies, procurement savings and lower depreciation.Read the rest of this transcript for free on seekingalpha.com
Freescale Semiconductor's CEO Discusses Q1 2012 Results - Earnings Call Transcript
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