STMicroelectronics to exit set-top business in restructuring move
Chipset manufacturer STMicroelectronics is to exit the set-top box business as part of a cost-cutting drive that will see it reduce its headcount by 1,400 worldwide. The chipset maker will reduce its French workforce by about 430 posts, its Asian workforce by 670 and its US force by 120. The company will also move about […]