STMicroelectronics has lowered its revenue forecast for the fourth quarter and the company now expects fourth quarter revenues to be between approximately $2.2 billion and $2.35 billion, as compared to $2.7 billion reported in the prior quarter, or a sequential change in the range of about -12.8% to -18.4%.

LG's KU380-NFC phone powered by ST's ST21NFCA NFC controller delivers open and flexible solution for deployment of NFC services PARIS, /PRNewswire-FirstCall/ -- STMicroelectronics (NYSE: STM), a world leader in smartcard ICs, and LG Electronics (LG), a worldwide technology and design leader in mobile communications, announced an NFC (Near Field Communication) demonstration of LG's KU380-NFC phone,...

The Foundation will consist of a board of 10 people - drawn from the founder members (AT&T, LG, Motorola, NTT DoCoMo, Nokia, Samsung, Sony Ericsson, STMicroelectronics, Texas Instruments, Vodafone) - as well as an overall leader (yet to be appointed). It will also have a number of "sub-groups", which Clifford says will be "looking at features and architecture to make sure it's consist...

STMicroelectronics and Ericsson Wednesday announced an agreement to merge Ericsson Mobile Platforms and ST-NXP Wireless into a joint venture. The 50/50 joint venture will have product offering in semiconductors and platforms for mobile applications. The new company will be a supplier to Nokia, Samsung, Sony Ericsson, LG and Sharp. The fabless joint venture will employ almost 8,000 people with pro-...

Yesterday's announcement by Ericsson and STMicroelectronics of the formation of a joint venture to combine ST's wireless chips with Ericsson's software platforms could be a blow to Texas Instruments. The JV between ST and Ericsson will likely mean that Ericsson will not be doing as much business with TI, resulting in TI losing more market share. Article

Ericson and STMicroelectronics have announced a deal to combine Ericsson Mobile Platforms and ST-NXP Wireless into a joint venture into a single, 50-50 joint venture, with ST planning to buy the 20 percent of ST-NXP Wireless it doesn’t already own from fellow chipmaker NXP. The companies already have the likes of Nokia, Samsung, Sony Ericsson, LG

STMicroelectronics's planned mobile platform and semiconductor joint venture with Ericsson is targeting a quick increase in its market share, STMicro's chief executive said Wednesday.

In a further sign of consolidation in the wireless semiconductor industry Ericsson and STMicroelectronics have agreed to merge Ericsson Mobile Platforms and ST-NXP Wireless divisions respectively to create a 50/50 joint venture. The new venture should be in a better position to compete with Qualcomm and Texas Instruments and may help drive lower chip costs.

Ericsson and STMicroelectronics have formed a 50/50 joint venture that will combine Ericsson's mobile platform division with ST-NXP Wireless, the wireless semiconductor arm of STMicroelectronics. The JV will supply wireless chips and platforms to such major OEMs as Nokia, Samsung, Sony Ericsson, LG and Sharp. On a conference call this morning with media and analysts Ericsson President and CEO...

Reuters - Ericsson and STMicroelectronics have agreed to combine their wireless chip and software businesses, strengthening their hand against competitors to supply the likes of top cellphone maker Nokia.