STEricsson to slash a quarter of workforce after disappointing results
Chip vendor ST-Ericsson has announced it will axe a quarter if its workforce and take a new strategic direction after posting a major drop in revenue and recording a deeper loss in the first quarter of 2012.
Ericsson, STMicro merge assets to create chip giant
US chip shop STMicroelectronics is to merge with Ericsson’s Mobile Platforms unit and spin the resulting operation off into a joint venture, the companies said Wednesday. 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 [...]
Vendors club together for storage shake up
A handful of kit manufacturers got together on Thursday in support of an industry specification for removable memory cards and embedded memory being standardized by the JEDEC Solid State Technology Association, an open standards organisation in the semiconductor industry. Nokia, Samsung Electronics, Sony Ericsson, Micron Technology, Spansion, STMicroelectronics, and Texas Instruments are among the backers [...]
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