Motorola Inc. is known for its pioneering efforts in the car radio, pager, and cellular phone industries. With sales of $37.5 billion, it is the world's second largest manufacturer of mobile phones which, along with pagers and other communications devices, bring in nearly 33 percent of revenues. Semiconductors account for another 20 percent in sales. In the late 1990s, the Schaumburg, Illinois-based firm began laying off employees in an attempt to improve its bottom line. Various cost cutting measures continued into 2001, when Motorola closed its largest U.S. cellular phone factory and eliminated 2,500 positions.
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