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October 28, 2008
By: DAVID SAVASTANO
Editor, Ink World Magazine
STMicroelectronics reported financial results for the 2008 third quarter and nine months ended September 27, 2008. ST completed the deconsolidation of its FMG segment and took an equity interest in Numonyx on March 30, 2008, with an anticipated one quarter lag in reporting. ST-NXP Wireless, a joint venture owned 80% by ST, began operations on August 2, 2008 and is fully consolidated into ST’s operating results. The third quarter 2008 financial review includes the ST-NXP Wireless joint v...
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