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?
Blog That A-Ha Moment Larry Desjardin 11 comments Have you ever had an a-ha moment? Sure, you have. The Merriam-Webster dictionary defines it as "a moment of sudden realization, inspiration, insight, recognition, or ...