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?
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.