Word: motorola
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...returned. Goodyear Aircraft Corp., which modified patrol bombers there during the war, migrated back to produce missile components. Hughes Aircraft Co. set up Falcon missile production at Tucson. Word of the easy life spread through family and community grapevines. Chicago's Paul V. Galvin, then president of Motorola Inc., cagily realized that Phoenix would be a good place for luring the scientists and engineers needed to pioneer the electronic age's transistor production, founded an industry that is still doubling and redoubling production and employment...
...Motorola President Robert Calvin afraid of losing the U.S. lead in electronics. "The foreign competitor who has finally found out how to make a TV set will no longer find a market here, because we've already found out how-to hang one on a wall," says Galvin, whose sales are $260 million, best ever. Another sign that quality can be sold: Paris' George V Hotel stocks a claret that bears the label, "Beaulieu Vineyard, Napa Valley, Calif...
Brunswick-Balke Collender Co. reported a record September quarter net of $5.15 per share, boosting nine months' earnings to $755 a share v. $4.73 last year. Motorola Inc. had record nine months' earnings of $4.90 per share v. $1.66 last year. Other nine months' results...
...share v. $1.01 last year, but lost 14⅛ points during the week. Philco Corp. came back from a $1,400,000 loss in the first half last year to earn 54? per share for the first six months of 1959, was off 2⅞ for the week. Motorola, which set a second-half record with $3.04 per share v. 76? last year, dipped seven points...
...transistor radios, 800,000 transistors, and 1,000,000 vacuum tubes annually for International General Electric, to be resold under the I.G.E. name in Europe, Asia and Africa. I.G.E. was the second major U.S. electronics company to decide to make a deal this year with the Japanese. In April Motorola put on sale in the U.S. a $29.95 shirt-pocket-size transistor radio with most of its parts made in Japan. Among the Japanese parts: a tuning device so small that no U.S. electronics concern has yet been able to mass-produce it. Last week Motorola said the tiny portable...