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STMicroelectronics NV and Ericsson Joint Venture, 1,600 Jobs To Go-Reuters

Monday, 18 Mar 2013 07:32am EDT 

Reuters reported that STMicroelectronics NV and Ericsson will end their loss-making mobile chip joint venture ST-Ericsson by splitting parts of the business between them and closing the rest with the loss of about 1,600 jobs.