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Tag: stmicro
STMicro warns of slack sales despite profit
2015-01-28 11:03:59| Semiconductors - Topix.net
STMicroelectronics NV, Europe's largest semiconductor maker, expects weaker demand for its chips early this year as it swung into the black in the fourth quarter, with lower costs offsetting a decline in revenue. STMicro said on Wednesday that it expects revenue to drop around 5% in the first quarter compared with the three months ended-December though that quarter-on-quarter decline that is less severe than it typically experiences in the period..
Tags: sales
profit
warns
slack
STMicro Sales Forecast Misses Estimates on Weak Chip Demand
2014-10-29 16:36:56| Semiconductors - Topix.net
STMicroelectronics NV forecast weaker chip demand will cut sales this quarter, missing analysts' estimates and making it more difficult for Europe's largest semiconductor supplier to reach a key profitability target. The stock slumped.
Tags: sales
demand
estimates
weak
Ericsson to Shut Down Modem Business From Former STMicro Venture
2014-09-18 13:28:25| Appliances - Topix.net
Ericsson AB, the largest maker of wireless networks, will shut down a chip business it took over from a former venture with STMicroelectronics NV. Talks with employees are underway over the decision to stop development of so-called LTE thin modems, which go into devices to let them connect to faster mobile-phone networks, Stockholm- based Ericsson said today.
Tags: business
ericsson
modem
venture
REFILE-UPDATE 1-India lures chip makers, says IBM and STMicro interested
2013-09-14 06:30:01| Semiconductors - Topix.net
Two consortiums, including IBM and STMicroelectronics, have proposed building semiconductor wafer plants in India costing a total of $8 billion, a minister said after the government approved concessions to lure chipmakers.
Tags: interested
ibm
chip
makers
REFILE-UPDATE 1-India lures chip makers, says IBM and STMicro interested
2013-09-14 04:23:43| Electronics - Topix.net
Two consortiums, including IBM and STMicroelectronics, have proposed building semiconductor wafer plants in India costing a total of $8 billion, a minister said after the government approved concessions to lure chipmakers.
Tags: interested
ibm
chip
makers