ST-Ericsson CEO quits post
March 11, 2013 Written by James Middleton
The president and CEO of embattled chip manufacturer ST-Ericsson resigned on Monday as the company’s parents continue to struggle through divorce proceedings.
ST-Ericsson
While you were sleeping…
March 22, 2013 Written by The Informer
The Informer got a software update for his Nexus this week and the resulting tweaks to the interface led him accidentally to the data usage display. He was somewhat surprised to find that the second most data-hungry app on his phone was Google+, a service he has never used. Over a ten-day period Google+ huffed back 5.54MB of data over the mobile network, all of it in the background. This might not sound like much but it’s all relative; roughly one per cent of the monthly allowance, Google+ usage outstrips Facebook by some margin and leaves Gmail in the dust. And it’s worth repeating: This app has never been used.
ST, Ericsson make break up plans
March 18, 2013 Written by James Middleton
Struggling chip maker ST-Ericsson is to be shut down and dismantled, parent companies STMicroelectronics and Ericsson said Monday.
Ericsson takes $1.2bn hit on ST-Ericsson
December 20, 2012 Written by Dawinderpal Sahota
Ericsson said that the charge includes write down of assets to reflect the current best estimate of Ericsson’s share of the market value of the firm, as well as additional charges related to the available strategic options for the future of ST-Ericsson’s assets.
ST-Ericsson looking to split up
December 11, 2012 Written by James Middleton
Troubled chip vendor ST-Ericsson is to lose one of its parents, as the company looks for a way to turn its fortunes around.
European manufacturer STMicroelectronics said it has taken the decision to exit ST-Ericsson and is currently in negotiations on exit options.
ST-Ericsson begins to offload R&D resources
October 11, 2012 Written by James Middleton
Embattled chipset firm ST-Ericsson has agreed to transfer its R&D division based in Linköping, Sweden, to local IT consultancy Cybercom. The move follows recent speculation regarding the future of ST-Ericsson, the 50/50 joint venture between Ericsson and STMicroelectronics, as the company battles with rising losses and suggests more changes are still to come.
Ericsson sees 63 per cent drop in Q2 profit
July 18, 2012 Written by Dawinderpal Sahota
Swedish equipment vendor Ericsson has seen its profit drop 63 per cent year-on-year in 2Q12. The bottom line figure stood at SEK1.2bn ($171m), compared with SEK3.2bn in the same period a year earlier. Notably, in 1Q12, the firm recorded $8.8bn in profit.
Nokia signs up ST-Ericsson for Windows Phones
November 2, 2011 Written by Dawinderpal Sahota
Handset player Nokia has signed a deal with ST-Ericsson in a move that will see the chipset vendor’s NovaThor mobile application platform used in future Windows Phone devices.
Tags; ARM, chipset, hp, ST-Ericsson, Windows Phone, Handsets & Devices, News & Analysis, Nokia, Vendor
First VoLTE call made on live LTE infrastructure
The International Multimedia Telecommunications Consortium (IMTC) has completed what it says is the first ever voice over LTE (VoLTE) test on a live LTE infrastructure. The test, which took place at the SuperOp annual telecoms testing event in Hawaii, involved key industry players Ericsson, Huawei, Samsung, Intel Mobile and ST Ericsson, among others.
Tags; Ericsson, ETSI, Huawei, IMTC, Intel Mobile, MSF, Samsung, ST-Ericsson, SuperOp, VoLTE, LTE, Networks, News & Analysis, Operator, Test & Measurement, Vendor
EU-China spat brewing over telecoms subsidies
February 24, 2011 Written by Pamela Weaver
An internally distributed study undertaken by China’s Ministry of Commerce reportedly suggests imminent action against the EU for its subsidisation of major telecoms infrastructure companies.
ST-Ericsson, Broadcom get behind Android
February 11, 2010 Written by James Middleton
Mobile operating system Android continues to win support, with chip makers ST-Ericsson and Broadcom this week announcing mobile platforms catering to the OS.
Ericsson joint ventures struggling along
January 22, 2010 Written by James Middleton
Swedish infrastructure vendor Ericsson reports its financial results next week, but statements from its two joint ventures on Friday do not bode well for the firm.
Nokia taps up ST-Ericsson for TD-SCDMA chips
December 18, 2009 Written by James Middleton
Handset behemoth Nokia extended its relationship with chip shop ST-Ericsson on Friday, announcing a long term partnership over China’s homebrew TD-SCDMA platform.
Ericsson’s third quarter profits drop 74 per cent
October 22, 2009 Written by James Middleton
Swedish infrastructure and equipment vendor Ericsson took a beating during the third quarter of 2009, watching its net income dive 74 per cent year on year, dragged down by poor demand and further hits from its joint ventures.
Tags; Ericsson, Sony Ericsson, Sprint, ST-Ericsson, Africa, Americas, Asia Pacific, Europe, Middle East, News & Analysis, Vendor
ST-Ericsson shrinks loss in third quarter
October 21, 2009 Written by James Middleton
Swedish vendor Ericsson’s other joint venture, chip firm ST-Ericsson, continues to drag on the company’s earnings, but like Sony-Ericsson’s losses, at least they’re moving in the right direction.
Ericsson hit by joint venture trouble; goes after Nortel
July 24, 2009 Written by James Middleton
Profits for the quarter to end June fell to SEK800m, from SEK2bn in the same period last year. Net sales however, were up 7 per cent year on year to SEK52.1bn.
Ups and downs
May 1, 2009 Written by The Informer
The Informer keeps seeing these financial crisis-induced marketing emails that say things like: “Now is the perfect time to innovate!” or “Now is the perfect time to implement this cost management solution!”. But it strikes the Informer that what now is really the perfect time for is to be a Chinese equipment vendor. While all the other vendors are loosening their collars and tightening their belts, and shedding staff like a dog sheds hair (unless it’s a Portuguese Water Dog, of course), the Chinese vendors are having a right old knees-up.
Tags; Android, Ericsson, Huawei, LG Electronics, LG-Nortel, Motorola, Navteq, Nortel, O2, Samsung, Sony Ericsson, ST-Ericsson, ZTE, A Week in Wireless, Americas, Asia Pacific, Europe, Motorola
Ericsson profit drops 30 per cent
April 30, 2009 Written by James Middleton
On Thursday, Swedish kit vendor Ericsson recorded a 30 per cent drop in net profit for the first quarter of 2009, coming in at SEK1.8bn (Eur168m) compared to SEK2.6bn in the same period last year.
Chip giant takes ST-Ericsson moniker
February 12, 2009 Written by James Middleton
The chip giant formed of the merger of STMicroelectronics and the mobile platform division of Ericsson was reborn on Thursday as ST-Ericsson. Acknowledged by analysts as the biggest consolidation in the chipset market so far, the 50/50 joint venture claims to have the industry’s strongest product offering in semiconductors, supplying components to Nokia, Samsung, Sony [...]
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Calls for consolidation in the European mobile market grow louder by the week and four-operator markets look increasingly challenged. Now, those mobile operators that have already built scale seem to be suggesting that there is no option but to expand yet further through diversification.