Monday, November 26, 2012, 7:56 AM
A fund backed by the Japanese government is set to pay $2.2B to buy 2/3 of chipmaker Renesas (RNECY.PK) from current owners Mitsubishi, NEC, and Hitachi, a source tells the Nikkei. Renesas, which rose 16.6% in Tokyo on the report, would reportedly shutter factories and cut as many as 5K jobs as part of the deal. Renesas is the top player in the microcontroller market, where it competes with Microchip, Freescale, STMicroelectronics, and others.
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Thursday, November 15, 2012, 2:27 PM
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.
Tuesday, October 30, 2012, 4:17 PM
ARM (ARMH) has launched its Cortex-A50 CPU core line: the first two designs are the A57, which ARM claims delivers 3x the performance of the processors found in today's high-end phones, and the smaller A53, which supposedly can match the performance of said processors while consuming 1/4 as much power. Initial licensees include AMD (previous), Broadcom, Samsung, and STMicroelectronics. Absent are Qualcomm and Apple, who use custom ARM cores. The first A50-based chips are due in 2014.
Tuesday, October 23, 2012, 5:52 PMSTMicroelectronics (STM): Q3 EPS of -$0.03 misses by $0.04. Revenue of $2.17B (+0.9% Y/Y) beats by $150M. (PR)
Friday, October 12, 2012, 10:24 AM
That didn't take long. STMicroelectronics (STM +9%) has issued a terse statement in which it "denies the existence of initiatives which can compromise the unity of the Company." That's in response to a Bloomberg report claiming the chipmaker is thinking of splitting up its analog and digital IC ops. But shares remain up strongly.
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Friday, October 12, 2012, 9:39 AM
STMicroelectronics (STM +8.2%) is thinking of breaking itself up, sources tell Bloomberg. The company's analog chip business could be split up from its digital chip business, which is heavily exposed to the soft TV and set-top box markets, and mobile baseband chip JV ST-Ericsson, reported this week to be exploring "strategic options," might be sold. Samsung, which has been increasing its mobile chip exposure, is named as a potential buyer for struggling ST-Ericsson.
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Tuesday, October 9, 2012, 5:40 AM
ST-Ericsson, the financially troubled wireless chip JV between Ericsson (ERIC) and STMicroelectronics (STM), has hired JPMorgan to explore its strategic options, Les Echosreports. These include finding a new partner, spinning off some operations, and the parent companies taking over other activities.
Wednesday, September 26, 2012, 9:45 AM
TSMC (TSM) is receiving follow-up orders from iPhone 5 (AAPL) suppliers thanks to stronger-than-expected demand, Digitimes reports. With many expecting 50M or more iPhone 5 sales by year's end, monthly chip shipments are now expected to total 10M-15M from September to November. Among the iPhone 5 suppliers relying on TSMC: QCOM, BRCM, OVTI, CRUS.
Friday, September 21, 2012, 9:17 AM
The first iPhone 5 teardowns are out, courtesy of iFixit and Chipworks. Parts found include Qualcomm (QCOM +0.7%) baseband, power management, and transceiver chips, Elpida (MU +1.6%) DRAM, two Avago (AVGO +2.2%) 4G power amplifier modules, Skyworks (SWKS +3% - previous) 2G and 3G amplifier modules, a TriQuint (TQNT +5.2%) 3G amplifier module, two STMicroelectronics (STM -1.3%) motion sensors, and a Broadcom (BRCM +2.2%) touchscreen controller and Wi-Fi/Bluetooth combo chip.
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Wednesday, September 12, 2012, 10:42 AM
Some European tech names are higher in early trading after rallying across the pond in the wake of a favorable German Constitutional Court ruling. NOK +2.5%. STM +4.9%. ALU +3.5%. ASMI +2.4%.
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Tuesday, September 11, 2012, 2:27 PM
As consumer electronics spending shifts to mobile devices, the TV market is looking just as ugly as the PC market. DisplaySearch estimates global Q2 unit shipments fell 8% Y/Y in Q2, the same as Q1. Top vendor Samsung's (SSNLF.PK) TV revenues rose 18% Y/Y, boosting its share to 28.5%. But #3 Sony's (SNE) fell 33%, hurt by the Japanese market's brutal 77% shipment drop. Some companies with TV industry exposure: GLW, STM, NXPI, SIGM, AUO, LPL.
Friday, September 7, 2012, 5:02 PM
STMicroelectronics (STM) is partnering with Taiwanese foundry UMC to develop image sensors using backside illumination (BSI) tech, which provides image quality advantages over traditional front-side illumination sensors. This could provide some fresh competition for OmniVision (OVTI), which is widely believed to be supplying a BSI sensor for the iPhone 5. The iPhone 4S uses a Sony (SNE) BSI sensor.