ST-Ericsson, a joint venture of STMicroelectronics and Ericsson, this morning announced it will launch a cost savings plan to achieve about $120 million of annualized savings by the end of 2012. The company, which develops a range of mobile platforms and wireless semiconductor solutions, said the plan includes a workforce review that may affect up to 500 employees. ST-Ericsson, which says more than 4 billion phones have been built using its products and technologies to date, is launching the cost-cutting plan due to "recent changes in the business environment and reduced demand for legacy products at certain customers". 
Source: http://feedproxy.google.com/~r/Techcrunch/~3/ofsgA9is7ZM/
AMPHENOL ANIXTER INTERNATIONAL APPLE COMPUTER APPLIED MATERIALS ARIAN SEMICONDUCTOR EQUIPMENT
No comments:
Post a Comment