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
STMicro's new plan is aimed at boosting operating margin rapidly to a targeted 10% Swiss semiconductor firm STMicroelectronics has confirmed its plans to conclude mobile chip venture with Swedish telecoms equipment manufacturer Ericsson ...
Tags: STMicro, mobile chip venture, Ericsson