The move may lead to 1,600 job cuts. STMicroelectronics and Ericsson have agreed to split their struggling mobile chip joint venture, which was formed in 2008. Both firms failed to seek a buyer for JV, dubbed ST-Ericsson, and decided to ...
Tags: STMicro, Ericsson, mobile chip
"We feel that the slim modem business is not a long-term fit for Ericsson', says Strategy Analytics. Yesterday Ericsson said it would take over the slim modem business of ST-Ericsson and run it as a separate unit. Ericsson said the ...
Tags: Ericsson, Consumer Electronics
Carlo Ferro, formerly COO of ST-Ericsson, is to become CEO of ST-E following the resignation of CEO Didier Lamouche. Before joining ST-E, Ferro was CFO of STMicroelectronics.
Tags: Ericsson, Electrical, Electronics
Today, ST-Ericsson confers with union representatives about the effects of upcoming job cuts as required by French and Italian law. Legally the company is obliged to consult with unions before it takes steps which will involve job cuts. ...
Tags: Ericsson, Consumer Electronics
Ericsson last week announced that it had a struck a deal with Kuwait's Wataniya Telecom to upgrade the telco's existing 2G and 3G networks. Aiming to meet the growing demand for 3G services in Kuwait, Ericsson will add WCDMA/HSPA ...
Tags: Ericsson, Computer Products
Renesas will decide whether to sell its mobile chip division during the course of this year, says the company. Selling a mobile chip division is easier said than done. First of all no sane person wants to get into a market where ...
Tags: Renesas, mobile chip division, company news
Reports that STMicroelectronics have failed to find a buyer for ST--Ericsson mean that only one option remains for ST-E and that is closure unless the French government bails it out. Last December ST committed to exiting from the jv by ...
Etisalat Group’s Atlantique Telecom on Wednesday announced that it has signed a five-year, multi-country agreement with Ericsson, which will now manage the telco’s African mobile networks. Atlantique said that the number of ...
Tags: Atlantique, Ericsson, Five-Year Africa Deal
ST-Ericsson's CEO Didier Lamouche has decided to resign from his post as owner Ericsson looks for a way to ensure its future. The news comes following STMicroelectronics' decision in December to exit the joint-venture which was started in ...
Tags: ST-Ericsson, CEO, Didier Lamouche
Didier Lamouche has resigned both as COO of STMicroelectronics and CEO of ST-Ericsson. No replacement has been named and there has been no announcement about whether Lamouche is moving to a new job. In Q3 this year, ST has said it ...
Ericsson announced on Sunday that it has been chosen by the Iraqi Telecommunications and Post Company (ITPC) to introduce IP technology. Ericsson has also been charged with expanding the telecom provider’s wireline network with a ...
Tags: Ericsson, IP Technology, Iraq
Due to the decline in the number of transactions and face continued regulatory uncertainty and fierce competition of Chinese competitors like Huawei, Ericsson may readjust its main business and human resources in India to reduce costs. ...
Tags: Ericsson, Challenges, India
Samsung filed more patent applications in Europe last year than any other company, according to figures released by the European Patent Office (EPO) on Wednesday. In 2012, the EPO received a record number of patent applications, with ...
Tags: Samsung, European Patent Office, digital communication
Samsung was the largest applicant for European patents last year. Siemens, BASF, Ericsson and Bosch were all in the top ten for applications and, for the first time, A Chinese company – ZTE – made it into the top ten. The ...
Tags: Samsung, patent, ZTE, European patents
Video encoders will be the fastest growing segment in the market, with a growth rate of 10% per year. The worldwide video hardware infrastructure market is expected to rise from 2.8bn in 2012 to $3.8bn in 2017, according to a new report ...