ST, NXP to merge wireless businesses
April 10, 2008 //
NXP and STMicroelectronics will combine their wireless operations to form a joint venture company. ST will own 80 percent; NXP gets 20 percent and $1.55 billion in cash from ST.
Nokia also endorsed the deal, saying the wireless supply chain needs consolidation.
The joint venture, which is set to have all major handset manufacturers as customers, will have greater economies of scale to better meet customer needs in 2G, 2.5G, 3G, multimedia, and future wireless technologies, ST said.
The venture will be created from businesses that together generated $3 billion in revenue in 2007 and will own thousands of communication and multimedia patents. It is set to be one of the top three semiconductor companies in the wireless industry rivalling Texas Instruments and Qualcomm Inc.
The jointventure is set to combine design, sales and marketing, and back-end manufacturing assets from both companies and use its parent companies and foundries for wafer fabrication services. The JV intends to address UMTS, TD-SCDMA, WiFi, Bluetooth, GPS, FM Radio, USB, and UWB standard. The JV will also integrate the Silicon Laboratories' wireless and GloNav's GPS operations recently acquired by NXP, ST said.
"The strength of this venture is its excellent relationships with key customers, as well as the complementary IP and product portfolios transferred from ST and NXP that create a rich and broad offering with the capability to deliver leading-edge innovations to the market," Carlo Bozotti, president and CEO of STMicroelectronics, said in a statement. "The JV's strong positioning leads us to expect immediate and future top- and bottom-line synergies for the exciting new enterprise and establishes a powerful foundation to build on its parents' 2G, 2.5G, 3G, multimedia and connectivity efforts. This combination will form the basis of the success of the new venture."All news
Trinamic's stepper motor package gets you started
August 29, 2014
This month, Trinamic Motion Control is offering you to win one of four TMCM-1043 development kits for its highly integrated, ...
Winged parcel delivery: Google's way
Two-inch Super AMOLED display fits Samsung smartwatch plans
Dutch startup shrinks 60GHz radars, increases precision
Google glass: App measures facial expression
Forget iPhone: 4 megatrends in China’s smartphone market
August 28, 2014
Touch Taiwan, an international touch-panel and optical film exhibition that opened here Wednesday, is exposing some of Asia’s ...
Foldable AMOLED features interactive touch control
Lantronix to fill digital classrooms' printing gap with PAL programme
Circular P-OLED display gives wearable device classic style
- Power Modules: The New Super Power
- Digital Power Management Reduces Energy Costs While Improving System Performance
- Using RF Recording Techniques to Resolve Interference Problems
- How to Protect & Monetize Android Apps
InterviewCEO interview: Tronics' Langlois makes moves in MEMS
Pascal Langlois has been CEO at Tronics for nine months. He discusses plans for the company and directions for the complex and diverse MEMS technology sector.
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Trinamic Motion Control is offering you to win one of four TMCM-1043 development kits for its highly integrated, NEMA 17-compatible TMCM-1043 stepDancer stepper motor module.
Offering designers an easy-to-use PC-based GUI that allows one-click modification of motor drive current, micro-stepping and other key parameters, the intuitive kits are custom designed and developed for...Read more
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.