Motorola will today announce a quarterly loss for the first time in 13 years and is expected to blame the woes of the Asian economy as a chief reason for the shortfall.
It will announce the loss when Wall Street closes but the quarter will not include a charge of nearly $2 billion, which Motorola recently assigned to cover layoffs and restructuring.
Last month, Motorola predicted it was likely to make a loss in the quarter. Although the Asian economy is partly to blame for Motorola's woes, many analysts believe that it has fallen behind rivals Nokia and Ericsson in many world markets. Motorola's semiconductor business is not in particularly good shape either - it has suffered from the falling demand in chips which has affected all the major players worldwide.
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