Industry Expert Blogs
Is Ericsson Expecting ST-Ericsson Shut-Down?Mannerisms - David MannersDec. 20, 2012 |
It looks as if Ericsson is preparing for a shut-down of its ST-Ericsson jv with STMicroelectronics as it announces it will not buy out ST, and will take a Q4 write down charge of $1.2bn for the value of its share in the JV.