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Stock Market & Financial Investment News

News Breaks
December 10, 2012
05:13 EDTSTM, ERICEricsson starts negotiations with STMicroelectronics on ownership of ST-Ericsson
Ericsson (ERIC) announced that it will continue to work together with STMicroelectronics (STM) to find a suitable strategic solution for the two companies Joint Venture ST-Ericsson. STMicroelectronics has announced its intention to exit as a shareholder in ST-Ericsson. For Ericsson, a key priority in this process is a successful market introduction of the new LTE modems that it is certain will be very competitive and needed in the market. During the process Ericsson will not speculate on the possible outcomes, timelines, and future ownership structures of ST-Ericsson.
News For ERIC;STM From The Last 14 Days
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November 27, 2014
08:13 EDTERICEricsson announces five year agreement with Mobinil
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November 24, 2014
08:56 EDTERICEricsson, IBM collaborate to research phased-array antenna designs for 5G
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