Sales were up 9 percent in the third quarter for ST-Ericsson, the joint chip venture of STMicroelectronics and Ericsson.
In a statement, company President and CEO Alain Dutheil said ST-Ericsson is experiencing good momentum with key customers for its open OS 3G/HSPA single chip smartphone platform, the U8500. The company also reinforced strategic relationships with key players in the computing market, such as Dell and Hojy, centered around its modem portfolio.
The company reported a $77 million operating loss, but that compares to a loss of $165 million in the second quarter.
In September, ST-Ericsson and Dell signed a strategic relationship agreement to bring high-speed mobility to the Chinese computing market. The recently launched Dell Inspiron Mini 10 Netbook is based on ST-Ericsson’s TD-HSPA platform, T7210. The company also said it extended its cooperation with Hojy Wireless, which selected ST-Ericsson’s dual-mode TD-HSPA/EDGE flexible modem, M6718, to develop its next generation of high-speed mobile broadband modules to power data cards, USB dongles, notebooks and smartphones in China.
Also last month, ST-Ericsson announced what it calls the world’s smallest solution for connectivity on mobile handsets: the CG2900, a 45 nm single-chip solution for Bluetooth, FM and GPS.
The company’s incoming president and CEO, Gilles Delfassy, will assume his new role on Nov. 2.
Filed Under: Infrastructure