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Ericsson, STMicro to form mobile chip venture
Updated:2008/8/21 10:34
Ericsson and STMicroelectronics will form a joint venture to build semiconductors and platforms for mobile devices, the companies said Wednesday. The 50/50 joint venture will build the guts of mobile devices for current 2G (second-generation) and 3G mobile networks, as well as faster, emerging technologies, namely LTE (Long-Term Evolution). The companies formed it to achieve scale, combining what they called complementary product lines, as well as supplier relationships with Nokia, Samsung Electronics, LG, Sharp and Sony Ericsson Mobile Communications. It will supply those device makers with hardware, software and support for delivering mass-market products. Ericsson is one of the world's largest providers of mobile network infrastructure. Its Ericsson Mobile Platforms division, created in 2001, supplies platforms for handsets and other mobile connectivity products, including data cards for PCs. Several years ago, Ericsson shifted its actual branded handset business to Sony Ericsson. The planned company, as yet unnamed, would combine Ericsson Mobile Platforms with ST-NXP Wireless, which itself is a joint venture between STMicroelectronics and NXP Semiconductors. ST-NXP Wireless began operations on Aug. 2. In addition to developing chips and platforms for devices using everything from 2G to LTE networks, ST-NXP boasts a strong position in TD-SCDMA (Time-Division Synchronous Code-Division Multiple Access), a 3G technology developed in China that is being tested by China Mobile. Ericsson President and CEO Carl-Henric Svanberg will be chairman of the new joint venture, while STMicroelectronics President and CEO Carlo Bozotti will be vice chairman. Each company will have four board seats. It will be based in Geneva and have approximately 8,000 employees. The deal is subject to standard regulatory approvals, the companies said.
Source:networkworld ,Ericsson China stays cheery during economic storms (2008-12-1) ,Ericsson to Manage 3G RAN Operations for T-Mobile and 3 UK (2008-11-29) ,Ericsson to Invest more in China (2008-11-29) ,Sony Ericsson launches programme to help Indian mobile dl'pers (2008-11-26) ,Ericsson Cuts 250 Jobs in USA Facility (2008-11-25) ,Ericsson gear to light up Basslink cable (2008-11-24) ,Ericsson, ZTE Earnings to Defy Recession on China, India Growth (2008-11-21) ,Ericsson poised to take over running of HT Mobile? (2008-11-18) ,Ericsson to take over HT Mobile (2008-11-17) ,Ericsson Gets 5% Of China Mobile Deal, Expected 10% (2008-11-15) ,TelcoTV: Ericsson to debut new middleware (2008-11-13) ,Taiwanese OEMs Switching from Ericsson to Qualcomm for 3G Phones (2008-11-10) ,Sony Ericsson Shows Off New Walkman Phone (2008-11-7) ,Ericsson Rolls Out New Network in Guinea (2008-11-4) ,Sony Ericsson has a lot of work to do (2008-11-3) ,Sony Ericsson to double online marketing spend (2008-11-3) ,Nokia Siemens, Ericsson May Get Parts China's 3G (2008-11-3) ,AT&T, Lenovo and Ericsson Offer Embedded 3G Laptops (2008-10-31) ,Ericsson Wins Indonesian Network Contract (2008-10-28) ,Ericsson to extend cooperation with Taiwan makers for HSPA? (2008-10-23) |
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