© dimitry romanchuck dreamstime.com Electronics Production | November 30, 2012
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.