ST-Ericsson born: A joint venture between

"The 50/50 joint venture that was formed as the Kingdom of the
semiconductor division of STMicroelectronics wireless and mobile
platforms division of Ericsson will move its first steps under the
name ST-Ericsson"

The wireless semiconductor division of STMicroelectronics and the
division of Ericsson Mobile Platforms have decided to unite their
efforts and to create a 50/50 joint venture known as the ST-Ericsson.
ST-Ericsson aims to become the top provider of platforms, and
connectivity for mobile multimedia, including the reference design for
GSM, EDGE, WCDMA, HSPA, and TD-SCDMA and LTE.

Multimedia processors and application of the new company supports all
major operating systems and aim to be the engine of the next
generation devices. Its connectivity options include Bluetooth and
broadcasting, FM, GPS, WLAN, Near Field Communications and USB. The
solutions of ST-Ericsson, in practice, covering all market segments,
from basic level to smartphone and can be supplied either as Fully
integrated solutions both as individual components.