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Losses at ST-Ericsson hit ST's bottom line

7/22/2010 11:43 PM EDT
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D-san
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re: Losses at ST-Ericsson hit ST's bottom line
D-san   8/13/2010 6:32:32 PM
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Seems you do not have much insight in these JV's (to say it kindly). NXP had design wins at Samsung and in China indeed with 2G and entry3G but generating cash. ST was only generating cash from analog companion IC's (where they indeed had a big share), but ST's baseband business was pretty much nonexistent. So rather than being a burden on ST-Ericsson, the NXP part is generating revenue and profit.

Neo10
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re: Losses at ST-Ericsson hit ST's bottom line
Neo10   7/26/2010 12:44:42 PM
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ST should try to beef up it's traditional consumer digital TV market instead of running behind the wireless arena which is already under consolidation phase. Latest news I heard was that they were coming out with some cool chipsets with high performance ARM cores and graphics cores in the platform. Hope this can get them some much needed break.

Silicon-Trends
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re: Losses at ST-Ericsson hit ST's bottom line
Silicon-Trends   7/26/2010 11:29:39 AM
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STMicroelectronics made a big mistake by buying NXP-Wireless division for big money say around $1bilion! If they have plans to enter wireless market,striaght away they could have gone for JV with Ericsson. As such NXP-Wireless dint have Much Product portfolio except some entry level 3G chipset. So the Loss posted by ST-Ericsson is expected & will continue,until the next year ,Which will impact the STMicroelectronics Growth.

Baolt
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re: Losses at ST-Ericsson hit ST's bottom line
Baolt   7/23/2010 10:16:35 PM
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Van Houten's brilliance was the sale of mobile biz of NXP, or let say joint venture, afterwards given out the acquisition by Ericsson. Many other companies are trying the same nowadays, infineon, freescale etc...Since Nokia, Sony-Ericsson, Sagem keep loosing blood towards Samsung, Apple, HTC, slowly Motorola, we will see more and more loses unfor. As we see there all efforts to cut cost, even firings the workpower didnt help ST-Ericsson a lot. They need for sure some puller product

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