Motorola sees 2001 mobile, chip market growth slower than 2000

Motorola Inc warned that growth in most of its key market sectors will slow in 2001 from the pace seen in 2000, with particular disappointment due in mobile handsets and semiconductors.

In a conference call to discuss its fourth quarter and year-end results, president and chief operating officer Bob Growney said that the uncertain economic climate in the U.S. and abroad means the company does not feel confident about giving financial guidance for the full year.