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STMicroelectronics N.V.

STMicroelectronics N.V.

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Publicatie datum 28 mei 2013 - 08:01
Statutaire naam STMicroelectronics N.V.
Titel STMicroelectronics Announces Sale of the ST-Ericsson Mobile Connectivity Global Navigation Satellite System (GNSS) Business
Bericht Geneva, May 28, 2013 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, today announced that ST-Ericsson, a 50-50 joint venture with Ericsson, has sold the assets and intellectual property rights (IPR) associated with its mobile connectivity Global Navigation Satellite System (GNSS) business and distributed the press release below. About STMicroelectronics ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power technologies and multimedia convergence applications. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, ST is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, ST stands for life.augmented. In 2012, the Company’s net revenues were $8.49 billion. Further information on ST can be found at www.st.com. For further information, please contact: INVESTOR RELATIONS: Tait Sorensen Group VP, Investor Relations Tel: +1 602 485 2064 tait.sorensen@st.com MEDIA RELATIONS: Nelly Dimey Director, Corporate Media and Public Relations Tel: +33 1 58 07 77 85 nelly.dimey@st.com