Ericsson Will Take A $1.2B Hit On Decline Of ST-Ericsson Chip JV; Confirms It Won’t Buy STMicro’s Stake

By Ingrid Lunden
techcrunch.com — Earlier this week European Commissioner Neelie Kroes spoke in platitudes about how the EU would be putting more effort into kick-starting the region's hardware industry - to create the 'Airbus of chips.'
Ingrid Lunden Reporter, TechCrunch @ingridlunden
RT @Techmeme: Ericsson Will Take A $1.2B Hit On Decline Of ST-Ericsson Chip JV; Confirms It Won't Buy... t.co/uIOqJWjk http://t.c ...
Ingrid Lunden Reporter, TechCrunch @ingridlunden
(painful irony 2) neelie kroes wanting to create the 'airbus of chips'yet here's a chip co failing right in front of us t.co/moFUPXbe
Ingrid Lunden Reporter, TechCrunch @ingridlunden
two painful ironies here: the illustration here comes straight from st-ericsson's site t.co/moFUPXbe (plus...)
Ingrid Lunden Reporter, TechCrunch @ingridlunden
RT @TechCrunch: Ericsson Will Take A $1․2B Hit On Decline Of ST-Ericsson Chip JV; Confirms It Won't Buy STMicro'... t.co/z7njyP1J ...