[Arm-netbook] ST Nova™ A9500

Bari Ari bari at onelabs.com
Wed Jan 18 16:43:23 GMT 2012


Not sure how much longer ST-Ericsson will be around:

http://www.eetimes.com/electronics-news/4218103/How-long-ST-Ericsson-got

ST-Ericsson made a net loss of $221 million on sales revenue of $385 
million in the second quarter.

Chief financial officer Tim Lucie-Smith agreed there would be "negative 
cash flow in the coming quarters" and said the company's plan was for 
the company to be funded by loans from its shareholders. There are no 
plans to change that, he said. The shareholders are monitoring this on a 
quarterly basis, Lucie-Smith said.

ST-Ericsson is suffering because Nokia is turning to Windows with 
Qualcomm, and STE is not yet qualified, ST-Ericsson is suffering because 
they are well placed in TD-SCDMA in China which is suffering a slow 
ramp. The company is being squeezed in the middle between mobile chipset 
suppliers such as Qualcomm and Samsung and the agile fabless chip 
companies coming out of China and Taiwan

How many quarters of ramping debt will STMicroelectronics and Ericsson 
tolerate as they themselves come under shareholder pressure?



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