Motorola To Spin Off Chip Division

dafz1 writes "According to an article at CNET News, Motorola has announced they will create a new company from their Semiconductor Products Sector (SPS), which builds chips such as the PowerPC. Reasons cited include 'surrendering to IBM a key role in delivering the PowerPC for Apple Computer's top-of-the-line desktop'. This follows earlier news that Motorola's CEO will step down, citing a 'difference of opinion' with fellow executives."