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Date: 2012-12-11
Technology News:
Company News:
STMicro to quit ST-Ericsson mobile chip venture
US-STMICROELECTRONICS-ST-ERICSSON:STMicro to quit ST-Ericsson mobile chip venture
By Leila Abboud

PARIS (Reuters) - STMicroelectronics <STM.PA> plans to quit its loss-making mobile chip joint venture with Ericsson <ERICb.ST> in a drive to cut costs and catch up with larger, more profitable U.S. rivals.

However, some analysts said on Mon...


Analysis: In pixel wars, LCD has staying power, refuses to die
US-DISPLAY-LCD-OLED:Analysis: In pixel wars, LCD has staying power, refuses to die
By Miyoung Kim

SEOUL (Reuters) - Liquid-crystal display (LCD) screens were expected to slowly fade and die, giving way to lighter, thinner and tougher organic light-emitting diode (OLED) panels in everything from smartphones to televisions.

But LCD is refusing to go q...


Huawei to double staff in European expansion
US-HUAWEI-EUROPE:Huawei to double staff in European expansion
HELSINKI (Reuters) - Chinese telecoms equipment maker Huawei Technologies plans a hiring spree in Europe, seeking growth outside the United States where its prospects have been clouded by spying concerns.

Huawei said on Monday it planned to double its workforce in Europe and would set up a...


STMicro to quit ST-Ericsson mobile chip venture
US-STMICROELECTRONICS-ST-ERICSSON:STMicro to quit ST-Ericsson mobile chip venture
By Leila Abboud

PARIS (Reuters) - STMicroelectronics plans to quit its loss-making mobile chip joint venture with Ericsson in a drive to cut costs and catch-up with larger, more profitable U.S. rivals.

However, some analysts said on Monday it would not be easy or chea...


U.S. intelligence sees Asia's global power rising by 2030
US-USA-INTELLIGENCE:U.S. intelligence sees Asia's global power rising by 2030
By Tabassum Zakaria

WASHINGTON (Reuters) - China's economy is likely to surpass the United States in less than two decades while Asia will overtake North America and Europe combined in global power by 2030, a U.S. intelligence report said on Monday.

"Meanwhile, th...


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