Moto, S-A see surge for set-tops.(strong earnings reports for Motorola Inc. and Scientific-Atlanta Inc.)
Multichannel News, January, 2004 by Stump, Matt
Cable's push into video-on-demand, digital video recorders and HDTV is finally paying off for the industry's two leading set-top vendors, as exhibited in last week's strong earnings reports from Motorola Inc. and Scientific-Atlanta Inc. Fourth-quarter sales at Motorola's Broadband Communications Sector--which includes the company's headend and transmission-equipment businesses, as well as set-tops and cable modems--reached $510 million in the fourth quarter of 2003, a 21% increase over the third quarter's $421 million and a 4% increase over the year-earlier quarterly figure of $489 million.
"We saw strong orders growth," said Motorola president and chief operating officer Mike Zafirovski. Motorola said it shipped 1.6 million cable modems and 1.4...
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