After the acquisition of NXP wireless and Ericsson mobile units, they do no know how to manage them. It shall be interesting to see if Samsung is interested to buy this money losing unit, some additional cuts will occur.
In my opinion it's time for ST to come back to the original company mission: technology innovation. I do not see any vision in Bozzoti's speeches. The management is playing with creative finance: breakups and carve outs. Time is up: next wrong step and ST will follow Nokia in its decline.