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Ericsson and STMicroelectronics split to result in 1,600 job losses

2013-03-19 13:33:01| Electronics - Topix.net

Telecommunication equipment provider Ericsson and semiconductor manufacturer STMicroelectronics are to split up their mobile chip joint venture dubbed ST-Ericsson, leading to a loss of 1,600 jobs.

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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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AUDIO: 'London's wealth split from rest of UK'

2013-03-18 13:11:27| BBC News | Business | UK Edition

The UK is split between London and its commuter towns and the rest of the country - something especially evident in housing.

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STMicro, Ericsson split mobile chip unit, 1,600 jobs go

2013-03-18 12:22:12| Semiconductors - Topix.net

STMicroelectronics and Ericsson will close their loss-making mobile chip joint venture ST-Ericsson by dividing parts of the business between them and shutting the rest with the loss of about 1,600 jobs.

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STMicroelectronics, Ericsson Split Up Venture After Failed Sale

2013-03-18 10:55:25| Appliances - Topix.net

STMicroelectronics NV and Ericsson AB agreed to split up their unprofitable ST-Ericsson chip venture after failing to find a buyer for the business.

Tags: sale failed split ericsson

 

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