Key Developments: STMicroelectronics NV (STM)
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19 Jun 2013
$-0.15 (-1.52%)
$9.89
$10.03
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$9.71
1,543,004
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$10.05
$4.51
Latest Key Developments (Source: Significant Developments)
STMicroelectronics NV Signs Comprehensive Agreement with Rambus Inc
STMicroelectronics NV announced that it has signed a comprehensive agreement with Rambus Inc that expands existing licenses between the two Companies, settles all outstanding claims, and commits both organizations to explore additional opportunities for collaboration. The multifaceted agreement gives Rambus access to ST's Fully-Depleted Silicon On Insulator (FD-SOI) process-technology design environment. With this, Rambus will be able to benefit from FD-SOI's reduced silicon geometries and lower power consumption at 28nm and below in its future memory and interface solutions. For its part, ST has secured license terms from the Cryptography Research, Inc. (CRI) division of Rambus to make it possible for ST to deploy Differential Power Analysis (DPA) countermeasures and CryptoFirewall core security technology across a wider range of products. DPA is a form of attack that involves monitoring the fluctuating electrical power consumption of a target device and then using statistical methods to derive cryptographic keys and other secrets. The new terms allow ST to further strengthen the security robustness of its set-top box ICs and gateways for multimedia services including PayTV. In settling all outstanding claims, the agreement also covers ST's use of Rambus' patented memory interface and serial-link innovations. Full Article
STMicroelectronics NV's And Ericsson's 50-50 Joint Venture, ST-Ericsson Announces Sale Of Mobile Connectivity Global Navigation Satellite System Business
ST-Ericsson, a joint venture of STMicroelectronics NV and Ericsson, announced the signature of a definitive agreement to sell the assets and intellectual property rights (IPR) associated with its mobile connectivity Global Navigation Satellite System (GNSS) business to a semiconductor company. The sale of these assets represents another step in the execution of Ericsson's and ST's announcement of March 18, 2013. In addition to the assets and IPR associated with this business, a world class team of 130 industry veterans located in Daventry (UK), Bangalore (India) and Singapore are anticipated to join the buyer at closing of the transaction. The closing of the transaction is expected to be completed in August, 2013. Full Article
STMicroelectronics NV Launches New Device STripFET VII DeepGATE
STMicroelectronics NV announced that it has introduced STripFET VII DeepGATE, a new device from the Company's latest generation of energy-efficient power devices that reduce the environmental impact of equipment such as telecom or computing systems, solar inverters, industrial automation, and automotive applications. Full Article
STMicroelectronics NV to Support Deployment of FD-SOI Pilot Line as Leader of Places2Be Project
STMicroelectronics NV announced that Places2Be (Pilot Lines for Advanced CMOS Enhanced by SOI in 2x nodes, Built in Europe), a three-year, advanced-technology pilot-line project worth EUR 360 million, led by the Company, aims to support the deployment of a FD-SOI pilot line at 28nm and the subsequent node, as well as a dual source that will enable volume manufacturing in Europe. Places2Be will drive the creation of a European microelectronics design ecosystem using the FD-SOI platform and explore the path towards the next step for this technology (14/10nm). FD-SOI is a low-power, high-performance alternative to conventional (bulk) silicon and FinFET technologies. The first FD-SOI systems-on-chips are expected to be used in consumer electronics, high-performance computing and networking. Places2Be consists of 19 partners from seven countries. Full Article
STMicroelectronics NV Signs Licensing Agreement with Quantenna Communications, Inc.
STMicroelectronics NV (STM) announced that it has signed a non-exclusive worldwide licensing agreement with Quantenna Communications, Inc. (Quantenna), a company specialized in Wi-Fi networking for whole-home entertainment, giving STM the ability to integrate Quantenna IP into its broad array of systems-on-chips and giving Quantenna the ability to leverage the entire ecosystem of STM's entertainment, networking and security products. The two companies have started joint engineering integration efforts and the first STM's products incorporating Quantenna Wi-Fi are expected to be introduced next year. Full Article
STMicroelectronics NV Launches New TO247-4 4-Lead Package
STMicroelectronics NV announced that it has launched the first MDmesh V Super-Junction MOSFET featuring a new package technology that increases the efficiency of power circuitry in equipment such as white goods, televisions, PCs, telecom, and server switched-mode power supplies. The new TO247-4 4-lead package provides a direct source connection used only for switching control, whereas conventional packages provide one connection for both switching and power. The extra lead increases switching efficiency, which reduces energy losses and allows higher-frequency operation for more compact power supplies. Full Article
STMicroelectronics NV Proposes Q2 and Q3 2013 Dividends
STMicroelectronics NV announced that it will propose a cash dividend of USD0.10 in the second quarter of fiscal year 2013, and of USD0.10 in the third quarter of fiscal year 2013, per common share, to be paid in June and September of 2013, respectively to shareholders of record in the month of each quarterly payment. The amount of the proposed second and third quarter of fiscal year 2013 cash dividend is stable with respect to previous quarterly dividend distributions. The payment dates in Europe are June 27, 2013 and September 19, 2013. The NYSE payment dates are on or after July 2, 2013 and September 24, 2013. Full Article
STMicroelectronics NV's Veredus Laboratories Pte Ltd and A*STAR Create Lab-on-Chip for the Detection of Multiple Tropical Infectious Diseases
STMicroelectronics NV announced that its subsidiary Veredus Laboratories Pte Ltd and the Veredus Laboratories Pte Ltd and launced VereTrop, a biochip in the molecular diagnostics market that can identify 13 different tropical diseases from a blood sample. Full Article
STMicroelectronics NV Issues Q2 2013 Revenue Guidance Below Analysts' Estimates
STMicroelectronics NV announced that for the second quarter of 2013, it expects revenues to grow sequentially in the range of about +3%, plus or minus 3.5% points. The Company reported revenue of $2.013 billion in the first quarter of 2013. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $2.114 billion for the second quarter of 2013. Full Article
STMicroelectronics NV's Orly System-on-chip Powers Set-top Boxes From NTT Plala Inc.
STMicroelectronics NV announced that its Orly system-on-chip (SoC) is powering a new generation of advanced set-top boxes (STB) announced on April 17, 2013 from NTT Plala Inc., an Internet / IPTV service provider in Japan. This STB has been developed by Sumitomo Electric Networks, Inc., a Japanese equipment producer for home entertainment and broadband service providers, with operations around the world. By integrating a dedicated real-time multimedia processor, multi-standard video decoding engines, and high-performance video encoding with support for HD and 3DTV standards, the Company's Orly SoC provides a platform enabling operators to deliver high-quality broadcast and Internet-based services. Its processing capabilities enable fast transcoding for true multi-screen experiences on PCs, televisions, tablets and mobile devices throughout the home. Full Article
Chip-makers help European shares rebound
LONDON, June 4 - European shares rose on Tuesday as chip-makers gained on a confident growth outlook from STMicroelectronics, while investors also took a recent pullback as an opportunity for some cautious buying.
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