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Freescale Shopping Its Cellular Chip Business

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Oct 3, 2008, 7:20 AM   by Eric M. Zeman

Freescale Semiconductor announced that it is looking to sell its cell phone chip business. The company is considering several different options, including an outright sale or a joint venture. It will refocus its energies on better serving the networking an automotive industries. Freescale was spun out of Motorola four years ago and then taken private by investors.

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