Earlier this week European Commissioner Neelie Kroes spoke in platitudes about how the EU would be putting more effort into kick-starting the region’s hardware industry — to create the ‘Airbus of chips.’ Her words seem particularly ironic (and possibly more empty) today, as the world’s largest telecoms company, Ericsson, admitted it would have to take a writedown of $1.2 billion (8 billion… → Read More
It’s a big day over at ST-Ericsson.
The chip maker, which has yet to turn a quarterly profit, just scored a major deal with Nokia to power its Windows Phone handsets. This deal effectively ends the monopoly Qualcomm has had over Windows-powered devices, and should also allow Nokia to sell lower-priced smartphones in new territories, reports Reuters. → Read More
ST-Ericsson, a joint venture of STMicroelectronics and Ericsson, this morning announced it will launch a cost savings plan to achieve about $120 million of annualized savings by the end of 2012. The company, which develops a range of mobile platforms and wireless semiconductor solutions, said the plan includes a workforce review that may affect up to 500 employees.
ST-Ericsson, which says more… → Read More
ST-Ericsson, a 50/50 joint venture by STMicroelectronics and Ericsson, this morning announced its latest HSDPA platform built on the Linux OS. Dubbed U6715, the platform aims to aid handset manufacturers produce smartphones powered by Android – or other Linux-based operating systems – with a wholesale price of less than €100 ($138).
ST-Ericsson says it anticipates manufacturers to launch the… → Read More
ST-Ericsson, a 50/50 joint venture by STMicroelectronics and Ericsson, this morning announced its latest HSDPA platform built on the Linux OS. Dubbed U6715, the platform aims to aid handset manufacturers produce smartphones powered by Android – or other Linux-based operating systems – with a wholesale price of less than €100 ($138).
ST-Ericsson says it anticipates manufacturers to launch the… → Read More
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