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ST-Ericsson CEO steps down

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by on March 11, 2013 3:20 pm
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Didier Lamouche, CEO of ST-Ericsson, has announced he will be stepping down. Lamouche, having been on the job since late 2011, is reportedly leaving to pursue other prospects. There is no named successor at this time.

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ST-Ericsson, who you might have heard of thanks to the NovaThor platform in several of Sony’s midrange smartphones, was founded in February 2009 as a join venture between STMicroelectronics and Ericsson. According to Bloomberg, STMicroelectronics wants out. The plan is to sell their half of the company by the third quarter of next year.

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Ericsson, the largest infrastructure vendor in the world, owns a chunk of a company you might have heard of called “ST-Ericsson”. The ST stands for STMicroelectronics. The two companies formed formed a 50/50 joint venture in February 2009 with the goal of taking on Qualcomm. Apparently they’re failing to achieve their targets, so much so that Reuters is reporting that Ericsson is “looking at all possible solutions” regarding the future of the joint venture.

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Texas Instruments, one of the larger system on chip vendors, has just said that they’re going to “shift” their focus away from the wireless market. In case you don’t know who TI is, they make chips under the OMAP brand. The Samsung Galaxy Nexus for instance, that uses an OMAP chip, as do Amazon’s new Kindle Fire tablets. So why did the company come to this decision? Greg Delagi, Senior Vice President for Embedded Processing at TI said: “We believe that opportunity is less attractive as we go forward.”

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While Intel is a respected desktop and laptop chipmaker, the company is yet to make a name for itself in the mobile business. But Intel is definitely interested in convincing smartphones and tablet makers with its recent announcement that the Medfield Atom processor is a good choice for upcoming mobile devices. What…