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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.
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STMicroelectronics, Ericsson Split Up Venture After Failed Sale
2013-03-18 09:25:34| Electronics - 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
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ericsson
Ericsson, ST announce plan to split up ST-Ericsson
2013-03-18 09:04:00| Telecompaper Headlines
(Telecompaper) Ericsson and STMicroelectronics have reached agreement on a plan to split up their ST-Ericsson venture, and announced the appointment of ST-Ericsson COO Carlo Ferro as the venture's CEO from 1 April. The agreed split-up will see Ericsson take on the design, development and sales of LTE multimode thin modem products, including 2G, 3G and 4G multimode. ST will take on the other ST-Ericsson products and related businesses, as well as some assembly and test facilities. The transfer of ownership is expected to be completed during the third quarter, subject to regulatory approval. The remaining parts of ST-Ericsson will be closed down, with the potential loss of 1,600 jobs.
Ericsson and Telstra successfully trial 1Tbps optical link
2013-03-18 03:01:16| Telecom - Topix.net
Telstra and Ericsson have successfully conducted the first trial of 1Tbps technology in Australia over 995km of an existing optical fiber network Ericsson demonstrates terabit technology leadership by moving ultra-fast transmission from the lab to verify its functionality in an existing optical network Ericsson announces the successful trial of its ... (more)
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STMicro, Ericsson Said to Fail to Find Chip-Venture Buyer
2013-03-18 01:01:26| Electronics - 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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