Chip maker ST-Ericsson will be wound down as parent companies STMicroelectronics and Ericsson have decided to take over some parts of the company, including LTE modems and application processors, and close or sell the rest. The news comes ...
Tags: Ericsson, ST-Ericsson, Chip maker
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 ...
The company's Q4 loss widens Swiss semiconductor firm STMicroelectronics said it will write down about $500m to exit its struggling mobile chip joint venture, which was formed in 2008 with Swedish telecoms equipment manufacturer Ericsson. ...
Tags: semiconductor firm, STMicroelectronics, mobile chip joint venture
Swedish telecommunications equipment maker,Ericsson,will take an 8bn Swedish kronor(SEK)($1.2bn)charge in the fourth quarter(Q4)on its stake in the ST-Ericsson joint venture. STMicroelectronics announced earlier this month that it was ...
Tags: Ericsson, ST-Ericsson joint venture, mobile phone chips, acquire
STMicroelectronics is considering breaking itself up,reports Bloomberg.It is thought that the profitable analogue business will be split from the loss-making digital business,while the ST-Ericsson joint venture will be sold-probably to ...
Tags: STMicroelectronics, sales slump, break