SAN FRANCISCO—Chip vendor STMicroelectronics NV Thursday (Nov. 15) issued a statement strongly denying the company is splitting up after an international news service reported that there was a proposal on the table to split the company up.
ST (Geneva) said it strongly denied the existence of a project would could "compromise the unity of the company" in a statement.
"Also, such a project has never been presented to the ST supervisory board," the statement read. "There is full alignment between the management of the company and the supervisory board of directors."
The Bloomberg news service reported Thursday that ST wouldprobably decide against splitting itself up after disagreements between French and Italian executives over a breakup proposal. According to Bloomberg, the break up proposal under consideration would have split ST between its analog and digital businesses.
Bloomberg, citing unnamed sources, said the proposal would likely be shelved in favor of small asset sales.
Without even thinking about it, consumers depend on technology throughout the day as they send texts, turn on lights, and drive home from the office. But that technology depends on something that usually goes unnoticed until there's a problem.
I thought it would be good to continue looking at the example I gave in my last blog where we looked using fewer LDOs and combining power supply rails on an ADC while maintaining isolation with ferrite beads.
Electronic equipment and power management is becoming increasingly critical as our power grid ages and renewable energy comes on line. In response, new technologies are being developed to protect equipment from power disturbances and fluctuations.