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To: HokieMom

Freescale 10-K

http://www.sec.gov/Archives/edgar/data/1392522/000139252214000002/a2013123110k.htm

Blackstone-controlled maker of micro controllers, automotive MCUs, sensors etc. Sales mostly to Hong Kong, US and Switzerland.

More than $6B of debt, more than $4B of negative net worth, $12B of accumulated losses, 16,800 employees. Ops in India, China, Thailand, Texas.


47 posted on 03/08/2014 5:34:46 PM PST by Tenega
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To: Tenega

To fix prior post: Freescale manufacturing now is in “China, Malaysia, Taiwan and Korea.” Other key owners are private equity majors Carlyle Group, TPG (Texas Pacific Group) and Euro-based Permira.


53 posted on 03/08/2014 7:45:47 PM PST by Tenega
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To: Tenega

Sounds like a company in dire straights. Wonder how it got in so much trouble.


58 posted on 03/09/2014 12:19:45 PM PDT by HokieMom (Pacepa : Can the U.S. afford a president who can't recognize anti-Americanism?)
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