Key Developments: STMicroelectronics NV (STM.PA)

STM.PA on Paris Stock Exchange

6.16EUR
19 Dec 2014
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Latest Key Developments (Source: Significant Developments)

STMicroelectronics launches four low-power SoCs for new UHDp60-enabled "4K" set-top boxes
Wednesday, 10 Sep 2014 09:00am EDT 

STMicroelectronics NV:Launches four new low-power SoCs (System-on-Chips) for new UHDp60-enabled "4K" set-top boxes.Four new SoCs are identified as STiH314/318 and STiH414/418.  Full Article

STMicroelectronics awarded contract by SmarDTV
Tuesday, 9 Sep 2014 09:00am EDT 

STMicroelectronics NV:Selected by SmarDTV, subsidiary of Kudelski group, to power range of set-top-boxes used in NAGRA pre-integrated QuickStart solutions.Company decoders chosen for SmarBOX product range.  Full Article

STMicroelectronics NV and Tessera settle pending litigation
Wednesday, 3 Sep 2014 04:35pm EDT 

STMicroelectronics NV:Says the company and Tessera Technologies Inc announced that they reached a settlement of all outstanding claims and litigation between them.STMicroelectronics, Inc., STMicroelectronics N.V., and Tessera, Inc. agreed to dismiss all claims and counterclaims pending in the United States District Court for the Northern District of California with prejudice.Terms and conditions of the agreement between the companies are confidential.  Full Article

STMicroelectronics opens new MEMS Microphone Lab in Taiwan
Thursday, 24 Jul 2014 08:00pm EDT 

STMicroelectronics NV:Opens new MEMS Microphone Lab (Anechoic Chamber) in Taiwan to test and analyze high-performance audio applications built with company MEMS microphones.New lab is to focus on all-level audio performance testing from components (microphone or acoustic components) to modules and systems, including smart phones, tablets, notebooks, TVs, and remote controls.  Full Article

Enel Green Power SpA to buy 100 pct of 3Sun Srl from stakes held by Sharp Corporation and STMicroelectronics
Wednesday, 23 Jul 2014 05:03am EDT 

Enel Green Power SpA:Says it will buy out the interests (each equal to one-third of the share capital) of Sharp Corporation and STMicroelectronics NV in 3Sun Srl, the equal joint venture between Enel Green Power, Sharp and STMicroelectronics.3Sun currently manufactures around 200 MW of thin-film, multi-junction photovoltaic panels each year at its Catania plant.Under the agreement with STMicroelectronics, Enel Green Power will receive payment of 15 million euros from STMicroelectronics which will be fully released from any obligations concerning the joint venture or Enel Green Power.The acquisition, which will result in Enel Green Power holding 100 pct of 3Sun, will become effective once approval is received from the lender banks and the competent authorities (if required).  Full Article

STMicroelectronics issues Q3 2014 financial guidance
Wednesday, 23 Jul 2014 01:00am EDT 

STMicroelectronics NV:Expects Q3 2014 revenues to increase about 3 pct on sequential basis, plus or minus 3.5 percentage points.Gross margin in Q3 2014 is expected to be about 34.4 pct, plus or minus 2.0 percentage points.Q2 2014 net revenue $1.86 billion.Q3 2014 revenue 1.999 billion-Thomson Reuters I/B/E/S Estimates.  Full Article

STMicroelectronics NV announces $1 bln dual-tranche offering of convertible bonds
Thursday, 26 Jun 2014 03:21am EDT 

STMicroelectronics NV:Announces the launch of a $1 billion offering of senior unsecured bonds convertible into new or existing ordinary shares of STMicroelectronics.The bonds will be issued in two tranches, with a maturity of 5 years and 7 years, respectively.Says the 5 year maturity Bonds will not bear interest, while the 7 year maturity bonds will bear interest at an annual rate between 0.5-1.0 pct.Interest will be payable semi-annually in arrear.Proceeds from the issuance of the bonds will be used by STMicroelectronics for general corporate purposes.The final terms of the bonds are expected to be determined and announced later on June 26 and settlement is expected to take place on or about July 3.  Full Article

STMicroelectronics announces single-chip integration in new wireless modules from SenseAnywhere
Monday, 16 Jun 2014 09:00am EDT 

STMicroelectronics NV:Says SenseAnywhere has qualified a wireless device incorporating ST`s new single-chip balun, which integrates essential circuitry for radio systems in a footprint of 2.1 square millimeters.SenseAnywhere AiroSensor and AssetSensor active-RFID modules combine advanced RF transceiver technology with a low-power processor, low-voltage EEPROM, and miniature temperature, humidity, and motion sensors.  Full Article

MaxLinear and STMicroelectronics demonstrate Eight-Channel Ultra HD HEVC satellite gateway
Monday, 16 Jun 2014 08:00am EDT 

STMicroelectronics NV:MaxLinear Inc and STMicroelectronics will demonstrate multi-channel ultra high definition (UHD) gateway platform in ST`s booth at Broadcast Asia in Singapore.4K UHD satellite gateway platform is targeted at the growing number of satellite pay-TV operators looking to deliver broadcast 4K services along with other features such as multi-channel recording, multi-room viewing and content streaming to multiple devices throughout the home.  Full Article

DEN Networks selects STMicroelectronics HD cable chipset
Monday, 16 Jun 2014 03:00am EDT 

STMicroelectronics NV:Company's STiH273 (Palma) HD cable chipset selected by DEN Networks, Indian Cable MSO (multi-system operator) with over 6 million subscribers.Company's technology inside DEN's newest HD zapper helps broaden market access to HD zappers.STiH273 (Palma) integrates Digital Video Broadcast-Cable (DVB-C) demodulator optimized to work with high-performance external Controller Area Networks (CANs) and silicon tuners.It also delivers high-quality Faroudja video, 3DTV support, connectivity, and advanced security schemes with Conditional Access System (CAS) support, including NSK2.Manufactured in 40nm process technology, chipset supports enhanced processing engine with integrated on-chip features that simplify set-top box design, enable operators to take advantage of lower-cost memories, and minimize system power consumption.  Full Article

BRIEF-STM shares seen down 2-3 pct as CEO says profit target may take longer to reach - traders

* Shares seen opening down 2-3 percent. Traders cite Bloomberg article quoting CEO as saying profit target may take longer to reach. Weblink: http://www.bloomberg.com/news/2014-11-20/stmicro-may-delay-profit-target-on-weaker-market-ceo.html Further company coverage: (Reporting By Francesco Canepa)

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