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News Breaks
June 9, 2014
09:07 EDTSTMSTMicroelectronics selected by Airoha Technology
STMicroelectronics announced that Airoha Technology has selected ST's latest family of "dynamic NFC tag" memories for its Bluetooth audio modules. ST's M24SR is the component for Bluetooth pairing and parameter storage on Airoha's AB1510/AB1511 optimized single-chip solution with integrated baseband and radio for stereo and mono-A2DP[1] headset and speaker applications. Users can now start streaming sounds from NFC-enabled smartphones or tablets with a single tap.
News For STM From The Last 14 Days
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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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