STMicroelectronics (STM -1.2%) probably won't go through with a plan to split its analog and...

|About: STMicroelectronics NV (STM)|By:, SA News Editor

STMicroelectronics (STM -1.2%) probably won't go through with a plan to split its analog and digital chip businesses, sources tell Bloomberg. While French execs, including STM's chairman and COO, reportedly favor a breakup, Italian CEO Carlo Bozotti doesn't. STM shares surged last month after Bloomberg reported a split was being considered, and remained higher even after the company issued a denial (of sorts). STM's analog ops are performing much better than its digital ops.