1,600 to lose jobs during ST-Ericsson breakup

Joint venture less joint, less venturous

The joint venture which tried to challenge Qualcomm and Intel in the baseband chip market has collapsed, with the loss of 1,600 jobs and another 3,000 or so finding themselves working for someone else.…

via The Register - Networks

http://go.theregister.com/feed/www.theregister.co.uk/2013/03/20/st_ericsson/