News Article
STMicroelectronics and Nokia close agreement for 3G chipset development
STMicroelectronics today have announced the closing of their deal, to deepen their collaboration on the licensing and supply of integrated circuit designs and modem technologies for 3G and its evolution.
The closing of the multifaceted agreement transfers a core part of Nokia's Integrated Circuit (IC) operations to STMicroelectronics and positions ST to design and manufacture 3G chipsets based on Nokia's modem technologies, energy management and RF (radio frequency) technology and to deliver complete solutions to Nokia and the open market.
The agreement includes the transfer of approximately 185 engineers and other Nokia personnel in Finland and UK to STMicroelectronics. As part of the arrangement, Nokia has awarded ST a design win of an advanced 3G HSPA (high-speed packet access) chipset supporting high data rates. This design win represents ST's first complete 3G chipset.
