ST-Ericsson reports second quarter 2011 financial results

Geneva, Switzerland, July 20, 2011 - ST-Ericsson, a joint venture of STMicroelectronics (NYSE:STM) and Ericsson (NASDAQ:ERIC), reported financial results for the second fiscal quarter ending July 2, 2011. "The lower second quarter revenue was substantially in line with our expectations," said Gilles Delfassy, president and CEO of ST-Ericsson. "In the quarter ... Read More...