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Sales Rise at Freescale Semi
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Newly private Freescale Semiconductor grew its sales 9% in the fourth quarter, despite tough business conditions in many of its key markets.
The Austin, Texas, chipmaker's fourth-quarter revenue was $1.62 billion, at the high end of its guided range of $1.54 billion and $1.62 billion.
"It's a challenging environment out there, so we're pleased with our performance," said CEO Michel Mayer in an interview with TheStreet.com. ...
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