AAPL Stock: 118.03 ( -0.85 )

Printed from

ST-Ericsson may be bought by AMD, Intel, NVIDIA, or others

updated 07:25 pm EDT, Wed March 14, 2012

Products competitive with Qualcomm's Snapdragon

ST-Ericsson is expected to unveil its plans to restructure its operations within the next two weeks. Reuters sources now claim that the reorganization of the joint venture between Sweden's Ericsson and France's STMicroelectronics is in line with the company's plans to be acquired by another chipmaker. Potential buyers named include AMD, NVIDIA, Intel, and Texas Instruments.

ST-Ericsson is known for making the modems used in today's smartphones. It has also started to combine these with multi-functional application processors. Its NovaThor chipset is one of the few products on the market to go head-to-head with Qualcomm's Snapdragon processor. It is the first non-Qualcomm chip to make in into the latest generation of Windows Phone handsets. The NovaThor is also used in Sony's new Xperia U and Xperia P smartphones.

The reorganization is expected to include closing major locations globally and significant layoffs. Even with the restructuring, the sale of the company is not expected to take place anytime soon. ST-Ericsson has lost a cumulative $2 billion from operations over the past three years. Potential suitors will most likely wait until the company demonstrates that it has successfully turned itself around.

by MacNN Staff



Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented