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1,600 laid off as Ericsson and ST agree to split ST-Ericsson

2013-03-18 19:33:23| InfoWorld: Top News

Chip maker ST-Ericsson will be wound down as parents 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 about three months after ST announced it wanted to exit the three-year-old joint venture.[ Keep up on the day's tech news headlines with InfoWorld's Today's Headlines: Wrap Up newsletter. ]

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