ST to pull out of IBM Alliance for process technology
January 29, 2015
STMicroelectronics is pulling out of the IBM Alliance for semiconductor process technology and is now, apparently, without a source of core CMOS technology.
“Our agreement with IBM provides us the right to end the participation in this Alliance under certain conditions,” says Jean-Marc Chery, COO of ST, “and we made the decision during the quarter to exercise those rights. Today, we are in discussion with IBM to plan for a smooth wind-down of our participation in this Alliance.”
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