Analysis: NXP changes yet questions mount about future Oct 6, 2009
Recent transactions, including the agreement to sell the wireless IC business to fellow European IC vendor STMicroelectronics N.V., raises the specter of a company being slowly broken up into pieces to be gobbled up by bigger competitors. Clemmer rejected this impression during a conference call to discuss the Trident deal, insisting that NXP is "here for the long term and we are here to create value in the long term. This transaction helps facilitate that. We think that the combination of... (EETimes)
Advanced Semiconductor Engineering, Inc. Reports Unaudited Consolidated Financial Results for the Second Quarter of 2009 Jul 31, 2009
ASE, Inc.'s international customer base of more than 200 customers includes such leading names as ATI Technologies Inc., MediaTek Inc., NEC Electronics Corporation, NVIDIA Corporation, NXP Semiconductors, Qualcomm Incorporated, RF Micro Devices Inc. and STMicroelectronics N.V. With advanced technological capabilities and a global presence spanning Taiwan, Korea, Japan, Singapore, Malaysia and the United States, ASE, Inc. has established a reputation for reliable, high quality products and... (PR Newswire)
Major order for chip maker Jul 29, 2009
2 billion computer chip factory in Saratoga County, will start making chips for STMicroelectronics N.V. in 2010 at its German chip fab. Based in Geneva, Switzerland, STMicro is the fifth-largest semiconductor company in the world, with nearly $10 billion in revenue last year. (Albany Times Union)
'New' ST fights image of old ST May 26, 2009
Only days after STMicroelectronics N.V. hosted its Annual Investors' Day conference in New York, several analysts upgraded ratings on the company, boosting its market value by as much as 10 percent and elevating the semiconductor company's equity performance above many of its peers in the embattled industry. ST's executives have longed hoped for such a day when the company's message of change resonated with the investment community, starting with the analysts who track the company to individual... (EETimes)
ST sees early chip market recovery May 19, 2009
NEW YORK STMicroelectronics N.V. executives said they are anticipating the semiconductor market will recover at a faster pace than previously expected as signs of sales improvements emerge from key regions. ST executives said demand from customers in China and across Asia has picked up since the end of the first quarter, boosting sales in the wireless, computer, industrial and multi-application markets. (EETimes)
STMicroelectronics Reports on Main Resolutions to be Proposed at the 2009 Annual General Meeting of Shareholders Apr 17, 2009
The complete agenda and all relevant detailed information concerning the STMicroelectronics N.V. Annual General Meeting, as well as all related AGM materials, will be available on the Company's web site () and made available to shareholders in compliance with legal requirements. The Record and Payment Dates for Dividends. (PR Newswire)
FINRA Awards STMicroelectronics $406 Million Against Credit Suisse Securities (USA) LLC Feb 16, 2009
As previously noted in its 20-F filing of March 2008, STMicroelectronics N.V. had instituted the arbitration against Credit Suisse in connection with the unauthorized purchase by Credit Suisse of collateralized debt obligations and credit link notes instead of the Federally guaranteed student loan securities that had been specifically mandated by the Company for purchase. Over time, as the credit market negatively developed, the Company recorded other-than-temporary impairment charges for a... (PR Newswire)