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RT @TechCrunch: With No Buyer For The ST-Ericsson JV, Chipmaker Cuts 1,600 Workers And Prepares For Divorce http://t.co/CRGIEABTiQ by @i ...
March 18, 2013
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With No Buyer For The ST-Ericsson JV, Chipmaker Cuts 1,600 Workers And Prepares For Divorce
More developments on the grim story of ST-Ericsson, the JV between Ericsson and STMicroelectronics that tried to kickstart a semiconductor business in Europe. The owners say that they have failed to find a buyer, and that they will commence splitting up the assets instead, laying off 1,600 employe..