ST-Ericsson will reportedly provide a strategy update to worker representatives tomorrow after...

|By:, SA News Editor

ST-Ericsson will reportedly provide a strategy update to worker representatives tomorrow after owners Ericsson (ERIC) and STMicroelectronics (STM) failed to find a buyer for the loss-making mobile-chip JV. Ericsson and STM are considering winding down the company and reintegrating staff back into their respective operations, which might save jobs but could weigh on earnings.