Brave new world for Europe's IC players

摘要

Geneva — The global forces buffeting the industry have set Europe's chip giants on a course of self-reinvention. Infineon Technologies' memory spinout, Qimonda AG, went public early last month; just weeks ago, Philips sold the bulk of its semiconductor division to a group of private equity investors. By comparison, STMicroelectronics has stood pat, but back in March 2005 it entered a new phase when Carlo Bozotti replaced charismatic industry icon Pasquale Pistorio as president and CEO.