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Restructuring weighs on ST-Ericsson results

4/23/2010 11:00 AM EDT
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Baolt
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re: Restructuring weighs on ST-Ericsson results
Baolt   4/26/2010 9:08:46 AM
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I remember the speech of ST&NXP Ceo.s by the time when they've announced establishment of ST&NXP. Both were highlighting how nice it would be to have a Co. dedicated to build chips just for mobile world. Indeed it was kind of get rid of subject for troubled NXP to reduce losses, and nice occasion for ST to grab more share in Mob.sector while ignoring the fact that far east competitors were far ahead leading the innovation and market share. If we just look on customer portfolio of ST&Ericsson we might see the reason why they keep loosing,customers such as Sony&Ericsson, Nokia, little bit Motorolaâ?¦all shares common problem, beaten by iPhone's cult Handy mobile products are gaining more and more share in the global market while such vendors keep following behind. For sure there are extreme efforts and works on going, I am sure we will see smarter, lighter and trendy mobile products in coming years, yet itâ??s a big question mark for ST&Er. if they can stand bigger hole in they budget, in the mean time focusing on innovative and fascinating product portfolio...

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