March 28, 2024

ST-Ericsson joint venture begins dissolution process, 1,600 jobs gone in the process

It's typically a bad sign when a major semiconductor company sees its CEO walk away, and no one in adjoining offices stops to do anything about it. Such is the case with ST-Ericsson, a (now) failed joint venture of STMicroelectronics and Ericsson. The two outfits have seemingly failed to find a suitor for the JV, leaving them with relatively few … [Read more...]

STMicroelectronics carves new strategic plan, exiting ST-Ericsson venture

STMicroelectronics may not be a household name, but it's a name that's stamped on quite a few gizmos that you and yours have probably handled. Going forward, however, the company is announcing a new "strategic plan" that'll key in on five growth drivers while waving goodbye to a jointly held venture with ST-Ericsson. Carlo Bozotti, President and … [Read more...]

Premier Diagnostic forming joint venture

VANCOUVER - Premier Diagnostic Health Services Inc. (CNSX:PDH) says it's working on creating a joint venture between itself, Chang'an Industry Group and employees of Jiangling Hospital in southwestern China.The alliance would expand and manage a hospital imaging centre, with construction to begin June 2012.Vancouver-based Premier, which would own … [Read more...]