Online information source for semiconductor professionals
ST-Ericsson formed as US$3.6 billion fabless wireless business
Popular articles
Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008
Sematech Litho Forum: Sematech mulling multi-beam mask writer effort - 12 May 2010
TSMC honors suppliers at annual Supply Chain Management Forum - 03 December 2008
TSMC hosts 2008 Green Forum on ‘green’ factories - 31 October 2008
Samsung and Micron gain most market share in DRAM crisis - 17 February 2009
Not quite the fabless powerhouse that is rival Qualcomm with US$11 billion in revenues in 2008 but the recent merger of Ericsson Mobile Platforms and ST-NXP Wireless has received new branding as ST-Ericsson, which had US$3.6 billion in combined sales in 2008. ST-Ericsson has been positioned as a fabless semiconductor company, which will use STMicroelectronics fabs as well as pure-play foundries for front-end fabrication and assembly and test facilities operated by STMicroelectronics.
ST-Ericsson has a claimed 85% of its workforce in R&D functions and a starting cash position of US$400 million.