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STMicro, Ericsson Said to Fail to Find Chip-Venture Buyer

2013-03-17 23:58:27| Semiconductors - Topix.net

STMicro, Ericsson Said to Fail to Find Chip-Venture Buyer - STMicroelectronics NV and Ericsson AB, the partners looking to pull out of their ST-Ericsson venture, have failed to find a buyer for the wireless chip business after a three-month search, according to six people familiar with the situation.

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