Manufacturing/Packaging 
ST exit strategy a little too late?
Keywords:impairment of goodwill exit strategy ST-Ericsson MEMS microcontrollers
[Summary of tips] Europe's largest and broadest chip company STMicroelectronics NV continues to bear the burden of its wireless joint venture with Ericsson. The chip company recently announced that it plans to exit the joint venture by 3Q13. However, that is only little comfort to shareholders today. ST made a net loss of $428 million, mainly du......Please login or register with us to view this article>>
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