Freescale Semiconductor
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Freescale Semiconductor, Inc. (NYSE: [FSL]
Freescale is among the Worldwide Top 20 Semiconductor Sales Leaders.
Motorola announced the spinoff on October 62003. Freescale completed its IPO on July 162004 and is now trading on NYSE under the symbol FSL.
Freescale has also been a source of PowerPC microprocessor chips for Apple Computer Inc's PowerBooks and Mac Mini products until the Apple Intel transition in 2006.
In 2006 the business developed a microchip which stores information like hard drives. The chip, called magnetoresistive random-access memory (MRAM), contains data by relying on magnetic properties instead of an electrical charge.
Freescale started commercial shipments of the 4-Mbit MRAM on July 10, 2006, with small volume sales priced at $25 per chip.
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