Freescale unveils second quarter financial results

Freescale Semiconductor, a designer and manufacturer of embedded semiconductors for the automotive, consumer, industrial and networking markets, has announced its financial results for the second quarter ended 2 July 2010.

Net sales for the second quarter of 2010 were $1.1bn (£721.5m), compared to $1.02bn in the first quarter of 2010 and $824m in the second quarter last year. 

The reported loss from operations for the three months ended 2 July 2010 was $18m, compared to a loss of $61m in the first quarter of 2010 and a loss of $345m in the second quarter of 2009.