Ericsson and STMicroelectronics Agree on Strategic Way Forward for ST-Ericsson.As communicated by the parent companies in December 2012, both have been working together toward a strategic solution for the JV. After months of intensive joint work, the parent companies have selected the strategic option which maximizes their respective future prospects and growth plans.
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www.marketwire.com/press-release/ericsson-and-stmicroelectronics-agree-on-strategic-way-forward-for-st-ericsson-nyse-stm-1768743.htm
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