According to Google finance: for the last six quarters, STM losses are considerable higher than the "unusual losses" due to ST-E. Hence, the problems are much deeper than just ST-E. STM spends 25% of its income to R&D, which is more than the double of industry average. Conclusion: its not just the losses associated with ST-E; there is more that is fundamentally wrong at STM.
What do readers think?
Has Carlo Bozotti done a good job as CEO of ST?
Has he taken too many risks -- such as the risk with the ST-Ericsson JV -- or not taken enough risks -- such as ST's gradual exit from leading-edge manufacturing with capex budgets at less than 10 percent of sales?
Should he get another term as CEO?
NASA's Orion Flight Software Production Systems Manager Darrel G. Raines joins Planet Analog Editor Steve Taranovich and Embedded.com Editor Max Maxfield to talk about embedded flight software used on the Mars on EE Times Radio. Live radio show and live chat. Get your questions ready.