(December 3, 2004) Hong Kong and Pleasanton, Calif. — ASAT Holdings Limited has announced financial results for the second quarter of fiscal year 2005, which ended October 31, 2004.
Net revenue in the second quarter was $47.5 million. This compares with net revenue of $55.5 million in the first quarter of fiscal 2005, and net revenue of $48.1 million in the same period a year ago.
Net loss in the second quarter was $9.7 million, or a loss of $0.07 per American Depository Share (ADS), and includes a one-time charge of $700,000 associated with a headcount reduction of approximately 140 workers, primarily in the company’s Hong Kong operations.
(December 6, 2004) Schaumburg, Ill. — Motorola has completed the separation of Freescale Semiconductor. As previously announced, Motorola distributed to its shareholders .110415 of a share of Freescale Semiconductor Class B common stock for each outstanding share of Motorola common stock they owned, as of the record date of November 26, 2004.