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Motorola Solutions Records Double-Digit Growth in Latin America and Achieves 11% of Global Sales

Essay by   •  June 27, 2011  •  Case Study  •  657 Words (3 Pages)  •  1,963 Views

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Motorola Solutions Records Double-digit Growth in Latin America and Achieves 11% of Global Sales

Revenue in the region reflects the Government and Enterprises increasing interest for Motorola Solutions' products in the region

City -- Month XX, 2011 -- Motorola Solutions, Inc. (NYSE: MSI), a world leading provider of mission-critical solutions for government and enterprise customers, announced today that its Latin American operations in Q1 2011 accounted for 11% of the company's global sales, growing double digit. At global level, Motorola Solutions reported total revenues of $1.9 billion in Q1 2011, up 8% from first-quarter 2010.

Latin American's company businesses are experiencing record, double-digit growth. This growth reflects the increasing interest for Motorola Solutions' products in the region. The company's portfolio includes public safety and private radio communication systems, mobile computers, barcode scanners, RFID, and wireless broadband devices.

The latest contracts and successful deployments secured by the company were with Fondo de Vigilancia y Seguridad in Colombia; Guarda Civil Metropolitana in Sao Paulo, Brazil; the Army in Brazil; Presidente Intercontinental, the Mexican hotel chain; and Los Portales Estacionamientos in Peru. In addition, the company is sponsoring Motorola's Digital Cities Ranking - a study that measures the level of digitalization of cities and municipalities in Latin America. In alignment with this process, the company announced that the city of San Cristobal in Venezuela was able to reduce the crime rate by 80% thanks to Motorola Solutions' broadband and radio communication equipment.

HIGHLIGHTS

* Motorola Solutions' sales in Latin America reached 11% of the company's global sales, growing at a two-digit rate.

* Motorola Solutions has 11 offices in the region, with more than 2,250 employees.

* The company has a manufacturing site in Reynosa, Mexico, for mobile computers, digital micro kiosks, radio communication equipment, wireless broadband devices and barcode scanners.

* In Brazil, the company manufactures barcode scanners, wireless broadband devices and radio communication equipment.

* In Ciudad Juarez, Mexico, there is a Service Center for equipment repair and warranty service, making over 12,000 repairs per week and providing service to international customers, mainly from the United States and Canada.

* In Los Angeles, Chile, the company has a service center to support implementations using TETRA radio communication technology.

* In the city of Cordoba, Argentina, the company has a Software Engineering

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