|June 12, 2014|
|09:17 EDT||MENT, STM||Mentor Graphics emulation platform adopted by STMicroelectronics |
Mentor Graphics' (MENT) Veloce 2 emulation platform has been adopted by STMicroelectronics (STM) to boost productivity in the verification of System-On-Chip and Intellectual Property-based designs.
News For MENT;STM From The Last 14 Days
Check below for free stories on MENT;STM the last two weeks.
|September 22, 2014|
|10:57 EDT||STM||InvenSense sinks after downgrade on market share concerns|
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|05:59 EDT||STM||InvenSense downgraded to Neutral from Outperform at RW Baird|
RW Baird downgraded InvenSense (INVN) to Neutral saying a leading smartphone marker could be switching to a dual-sourcing strategy for certain components, including gyroscopes. Baird also believes competitor STMicroelectronics (STM) could be gaining market share at other smartphone makers. The firm lowered its price target for InvenSense shares to $23 from $30.
|September 19, 2014|
|06:38 EDT||STM||STMicroelectronics to raise MEMS apps in wearable, IoT markets, DigiTimes says|
STMicroelectronics expects to increase MEMS applications in wearable and IoT sectors to gain memotum, reports DigiTimes, according to Executive VP Benedetto Vigna. The company will aim to integrate related technologies to connect core elements. STMicroelectronics has shipped over 8.5B MEMS chips that include 5B MEMS sensing chips and 3.5B units of actuators. Reference Link
|September 18, 2014|
|09:15 EDT||STM||STMicroelectronics CFO says on track to hit Q3 guidance, Reuters reports|
STMicroelectronics CFO Carlo Ferro told investors during a conference presentation that "for us the rule is no news means we're on track to achieve the guidance range we gave for the quarter," according to Reuters, which noted that the company previously said it is targeting Q3 revenue growth of 3% and a gross margin of 34.4%. The Fly notes that consensus for STMicroelectronics is 5c for EPS and $1.92B for revenue. Reference Link
|September 16, 2014|
|10:23 EDT||MENT||Mentor Graphics management to meet with Needham|
Meetings to be held in Boston on September 17 and in Houston/Dallas on September 18 hosted by Needham.
|09:40 EDT||STM||STMicroelectronics, AT&S, Soundchip announce collaboration |
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|05:41 EDT||STM||STMicroelectronics to sell certain products to MegaChips|
MegaChips Technology America announced that following the signature of an agreement with STMicroelectronics (STM, ST) and final closing on September 2, it has acquired 9 smart connectivity products based on DisplayPort technology that ST decided to discontinue last year, along with its related assets, business and products in development. During the transition, ST and MegaChips ensured continuity of products and services to customers. A number of employees engaged in product development and marketing in relation to the acquired business from ST, joined MegaChips America. This group included Mr. Alan Kobayashi, currently the chair of VESA, who joined MegaChips America as a Fellow and Product Development Manager.