Peter Clarke, EETimes
6/14/2013 7:11 AM EDT
A month or so back ST announced that ST would be divided into two product-oriented business segments that would each be financially sustainable. The first block comprises analog, power, sensors and automotive. The second is the remaining digital activities including embedded processing, microcontrollers and processors for digital consumer applications.
The announcement didn't come from ST's CEO Carlo Bozotti but from Georges Penalver who joined the company in September 2012 as chief strategy officer. And Penalver went further and added that in the interests of "transparency" ST would report financial results for each of the two segments, including revenues, operating income and free cash flow.