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ST-NXP Wireless restructures, plans 500 job cuts

Posted: 10 Nov 2008  Print Version  Bookmark and Share Subscribe

Keywords: ST-NXP restructuring  R&D  job cut 

[Summary of tips] Considering the current market outlook, ST-NXP Wireless, the joint venture between STMicroelectronics and NXP Semiconductors, is taking necessary action to adapt its R&D resources and cost structure to the new business conditions in the industry.To rationalize its product portfolio and development efforts, ST-NXP Wireless annou......
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