English
STMicro causes financial analyst concerns
Sylvie Barak, EETimes
2/15/2012 3:54 PM EST
MOUNTAIN VIEW, Calif.--French-Italian electronics manufacturer STMicroelectronics N.V. needs to act drastically if it is to halt its alarming profit slide and retreat into the periphery of the semiconductor space, according to financial analysts at Arete Research Services.
“In our view, the time has come for major changes among senior management, governance and the structure of the business,” said Arete in a note to investors this week, suggesting that only a demerger splitting the analog and industrial side of the business from the consumer/digital elements, coupled with more focus on efficiency would create value.
|
E-mail This Article | 
|
|
Printer-Friendly Page |
Related News
- STMicroelectronics and ClevX Offer World's First Wireless User-Authentication Technology Platform for IoT-Device Security
- STMicroelectronics and Autotalks Ignite Cooperation to Deliver Vehicle-to-Vehicle/Infrastructure Communication for Safer, Cleaner Motoring
- STMicroelectronics Launches World's Most Powerful Cortex processor-based Microcontrollers
- STMicroelectronics Makes 28nm CMOS Process Available Through CMP
- EVE's ZeBu Emulation System Adopted by STMicroelectronics
Breaking News
- Jury is out in the Arm vs Qualcomm trial
- Ceva Seeks To Exploit Synergies in Portfolio with Nano NPU
- Synopsys Responds to U.K. Competition and Markets Authority's Phase 1 Announcement Regarding Ansys Acquisition
- Alphawave Semi Scales UCIe™ to 64 Gbps Enabling >20 Tbps/mm Bandwidth Density for Die-to-Die Chiplet Connectivity
- RaiderChip Hardware NPU adds Falcon-3 LLM to its supported AI models