Intel new CEO made his first move by buying
troubled ST-Ericsson’s mobile GPS business unit. As per STMicro and Ericsson
announcement in March that they would be closing or selling their troubled
business unit which experienced huge fall in order as their largest customer
Nokia reduced their orders. Intel move to acquire their business is focused on
related intellectual property as well as skilled resource to bolster Intel’s
existing and upcoming GPS technology. The flurry of collaboration in recent
weeks clearly indicates Intel’s vision to refocus on mobility segment. The
large customer base is going to be a differentiator for them.
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