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STMicroelectronics to exit STB market

2016-01-27 09:16:00| Telecompaper Headlines

(Telecompaper) STMicroelectronics announced plans to exit the market for chips used in set-top boxes and home gateways. The company said the slower-than-expected market adoption of leading-edge products and increasing competition on low-end boxes, combined with the required high level of R&D investment, has led the business to generate significant losses in recent years. The decision to exit the business will lead to around 600 employees redeployed to different activities, principally ST's target growth areas of digital automotive and microcontrollers, and a voluntary redundancy plan for around 1,400 employees. The announcement came alongside fourth-quarter results showing net revenues down 5.5 percent sequentially and 8.8 percent lower year-on-year at USD 1.67 billion. Lower capacity utilisation and price pressure led to a drop in the gross margin to 33.5 percent, and net profit fell to USD 2 million from USD 43 million a year earlier. For the first quarter, ST forecast a sequential decline in revenues of around 3 percent and a gross margin around 33.0 percent, again affected by low capacity utilisation for its digital products. 

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STMicroelectronics to discontinue development of new STB platforms

2016-01-27 08:00:57| Digital TV News

STMicroelectronics (NYSE:STM) has reported results for the year ended December 31, 2015. After a review of the company's set-top box business, ST will discontinue the development of new platforms and standard products for set-top-box and home gateway.

Tags: development platforms stb discontinue

 
 

STMicroelectronics SoCs deployed by MyBox in Airtel Digital TV STB

2016-01-21 09:30:49| Digital TV News

STMicroelectronics (NYSE: STM) is celebrating the successful field deployment of satellite set-top boxes (STB) from MyBox A Hero Electronix Venture for Indias Airtel Digital TV. MyBoxs Digital HD STBs are powered by STs STiH237 satellite SoC.

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STMicroelectronics ships 100 millionth STB chipset for India

2016-01-20 14:00:56| Digital TV News

STMicroelectronics (NYSE: STM) has announced that it has shipped its 100 millionth chipset for digital cable and satellite set-top boxes (STB) in India.

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ALi STB chipsets integrate Civolutions NexGuard forensic watermarking

2016-01-07 23:30:56| Digital TV News

NexGuard has announced the integration of NexGuard forensic watermarking in the lineup of ALi set-top box chipsets. The collaboration provides compliance with MovieLabs security specifications and enables protection of content with forensic watermarking in addition to CAS and DRM systems.

Tags: ali integrate forensic stb

 

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