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Make or break for STMicro?

Chip giant STMicroelectronics has seen a number of rumors over the past few months.

Many believed that a new strategic course is essential for the Switzerland-based company. Most experts and analysts agree that a change is imminent. The question however, is in what form that change will come. Total reorganization of operations or rather a fine-tuning of said operations. Speculations - which STMicroelectronics has rejected - suggest that the company will split itself into two business units: one focused on analog and the other on digital ICs. Today (read Friday, November 30, 2012), STMicroelectronics announced that it will present a new strategic plan on December 10, 2012. How radical the transformation will be, remains to be seen.

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April 15 2024 11:45 am V22.4.27-2
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