Latest Headlines

Latest Headlines

Ericsson to exit wireless-modem market, cut 1,000 jobs

Ericsson is exiting the wireless-modem business and will most likely slash about 1,000 jobs as a result. The decision comes as pricing pressure builds in the stand-alone-modem business and more device makers choose to buy system-on-a-chip solutions with modems married to application processors, which Ericsson does not offer.

Ericsson completes ST separation

Ericsson and ST-Microelectronics have completed the carve-up of chip joint venture ST-Ericsson, and commenced the process of shutting down the rest of the company.   Th

Intel acquires ST-Ericsson GNSS business

ST-Ericsson has confirmed that Intel will be the buyer

Ericsson, STMicro to shutter ST-Ericsson chipset joint venture

Ericsson and STMicroelectronics agreed to shut down their unprofitable ST-Ericsson chipset joint venture and split up its assets, a move that will lead to a net loss of 1,600 jobs.

ST-Ericsson parents mull closure

ST-Microelectronics and Ericsson have reportedly ended a fruitless three-month search for a buyer of their ST-Ericsson wireless semiconductor joint venture.   Six separ

Report: ST-Ericsson faces uncertain future as parents fail to find buyer

Ericsson and STMicroelectronics have failed to attract offers for their loss-making semiconductor joint venture after a three-month search for buyers, according to a Bloomberg report, sparking renewed speculation that the venture may be coming to an end soon.

Report: Ericsson, STMicro fail to find buyer for ST-Ericsson venture

Ericsson and STMicroelectronics have tried and failed over the past three months to find a buyer for their struggling ST-Ericsson chipset joint venture, according to a  Bloomberg  report.

Ericsson scoops up consultancy Devoteam's TV and media units

Ericsson is pushing further into the TV and media business with the acquisition of IT consultancy Devoteam's Telecom & Media operations in France. The move will see 400 French-based consultants with expertise in IP multimedia subsystems, delivery platforms and radio/TV networks join Ericsson by the second quarter.

ST-Ericsson: Battery issues not a problem for newer VoLTE devices

Chipmaker ST-Ericsson is battling the contention that phones offering voice over LTE have battery life issues, saying such issues are restricted to first-generation LTE chipsets and devices running simultaneous voice and LTE (SVLTE) service during VoLTE calls.

Ericsson to take $1.2B charge in Q4 related to ST-Ericsson venture

Ericsson said it will take a $1.2 billion charge in the fourth quarter related to its money-losing chipset joint venture with STMicroelectronics, ST-Ericsson, as it explores future options for the company.