Freescale sees importance of MCUs in restructured business

Freescale sees importance of MCUs in restructured business - 10/26/2012 - Electronics Weekly

Freescale sees importance of MCUs in restructured business

Freescale sees importance of MCUs in restructured business Richard Wilson Friday 26 October 2012 10:55 Freescale Semiconductor CEO Gregg Lowe is pushing forward a major restructuring of the loss-making chip firm. “We conducted a thorough and extensive review of all our businesses, markets and regions during my first three months,” said Lowe. “Our goal was to identify areas where we can reinforce our strengths to drive top line growth and margin expansion, then reallocate our R&D resources toward those areas of high-value and high-growth,” said Lowe. The business will be restructured to separate the automotive MCU business from the general microcontroller business which includes metering and medical. Geoff Lees will run microcontrollers. Lees joined Freescale in 2011 from NXP Semiconductor and previously served as Freescale’s Vice President of the IMM product group. The aut...

Full article: http://www.electronicsweekly.com/Articles/26/10/2012/5486...

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