Pain Worsens At ST
January 31, 2013
Struggling STMicroelectronics took a $544m charge against its Q4 earnings resulting in a Q4 loss of $428m.
The charge relates to the intended divestment in Q3 of its 50% share in wireless jv ST-Ericsson.
ST-Ericsson says that its parents STMicroelectronics and Ericsson have cancelled the $1.5bn debt owed to them by ST-E.
To read the full article, click here
Related Semiconductor IP
- nQrux® Root of Trust IP
- AXI to UCIe Bridge IP
- UCIe 2.x Controller IP
- SWI3S (SoundWire I3S Interface) Peripheral Controller Core IP
- OpenTitan-based RISC-V Secure Element
Related Blogs
- Are Standard Cell Libs, Memories and Mixed-signal IP Available at 7nm FF?
- UWB at IPSoC: a perfect reuse case study in-waiting
- Cadence Sets the Gold Standard for UCIe Connectivity at Chiplet Summit '24
- India should focus on developing local electronics industry: ST
Latest Blogs
- From Bug Hunting to Engineering Methodology: Lessons from AI-Driven Development
- Manufacturing Intelligence: Turning EDA Data into Trusted Action
- Execute-in-Place: Getting More from Embedded NVM
- Rethinking RTL flows with AI-driven hybrid formal verification
- Arm and NVIDIA: Building the trusted compute foundation for the agentic AI era