ST-Ericsson, the financially troubled wireless chip JV between Ericsson (NASDAQ:ERIC) and STMicroelectronics (NYSE:STM), has hired JPMorgan to explore its strategic options, Les Echos reports. These include finding a new partner, spinning off some operations, and the parent companies taking over other activities.
ST-Ericsson, the financially troubled wireless chip JV between Ericsson (NASDAQ:ERIC) and...
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| Symbol | Last Price | % Chg |
|---|---|---|
| ERIC | - | - |
| Telefonaktiebolaget LM Ericsson (publ) | ||