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November 27, 2012
05:23 EDTNTDOY, STMSTMicroelectronics and PNI Sensors selected for Nintendo's Wii U
STMicroelectronics (STM) and PNI Sensor announced that Nintendo (NTDOY) has adopted an advanced sensor solution for Nintendo's newly launched Wii U that includes sensors from ST and PNI. PNI's 3-axis geomagnetic sensor, based on proprietary magneto-inductive technology and driven by ST's ASIC, together with an ST 3-axis accelerometer, enables intuitive motion sensing in gaming applications. The Wii U supports the need of users to enjoy intuitive motion control that is stable under various environments. The geomagnetic sensor delivers new playability in combination with other sensors. Further, the accelerometer accommodates a wide variety of players' motions in gaming.
News For STM;NTDOY From The Last 14 Days
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November 27, 2015
06:46 EDTNTDOYTarget lists Apple iPads among Black Friday best sellers
Target reported this morning a "successful start to its Black Friday weekend, with unprecedented results on and a strong turnout in stores on Thanksgiving Day." The retailer added, "Demand outpaced 2014's record Thanksgiving performance, making it Target's biggest day for online sales yet, driven largely by electronics." Top selling Black Friday items included Apple (AAPL) iPads, gaming consoles like including Nintendo (NTDOY) Wii U, TVs and Beats Solo 2 headphones, Target stated.
November 17, 2015
08:54 EDTSTMMaxim could be bidder for Fairchild, says Citi
Citi analyst Atif Malik views Maxim Integrated (MXIM) as a potential acquirer Fairchild Semiconductor (FCS). Bloomberg on October 13 reported that Fairchild was seeking advice for a potential sale, and listed potential acquirers as STMicroelectronics (STM), Infineon (IFNNY) and ON Semiconductor (ON). Bids from STM and ON seem unlikely, but Infineon and Maxim could be potential acquirers of Fairchild, Malik tells investors in a research note. In a bull case scenario, Fairchild's buyout value could reach $25 per share, the analyst contends. Fairchild closed yesterday at $17.76. Malik's peer at Citi, analyst Christopher Danely, argued today in research note that Maxim Integrated (MXIM) is unlikely to get acquired despite reports of interest from Analog Devices (ADI) and Texas Instruments (TXN). Danely views Xilinx (XLNX) as a potential takeout target, potentially for Qualcomm (QCOM).

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