29
Jan
European chipmaker STMicroelectronics released its fourth quarter numbers today, and, of course, they were very grim. Unfortunately, at this point, even very grim Q4 numbers aren’t news, nor are the 4,500 jobs that the company announced it would cut. But what does still make headlines are credible predictions of a massive contraction in the global semiconductor market, and that’s exactly what STMicro’s CEO delivered.
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Originally Syndicated via RSS from Ars Technica – Front page content
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