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Motorola wants a partnerdate: May 8, 2002 Wireless technology giant Motorola said on Monday it wants a partner for its 3G wireless infrastructure business, as Motorola works to return to profitability in the third quarter. "It's very clear that we'd like to be partnered closer to somebody that has the switch or the core of the network," Edward Breen, the Chicago area-based company's president and chief operating officer, said at the annual shareholders' meeting of the unit. "We'll not be out if we don't get a partner though we'll have a tougher period," he told about 600 investors at a theater in a Chicago suburb. Over the past year, Motorola has reportedly talked with Canada's Nortel Networks Corp. and Germany's Siemens AG (news - web sites) to sell or link its wireless infrastructure equipment unit with another company's. Motorola, Ericsson and others have said the global wireless infrastructure market will fall as much as 10 percent this year. Last year, global sales fell 5 percent to $55 billion. Ericsson and Nokia are feeling less pressure as they have been winning most of the 3G contracts, analysts said. With research expenses so high, it's only natural that companies may seek to cut costs by combining.
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