“I am very pleased with this
appointment,” said Hans Vestberg, chairman of ST-Ericsson, on behalf of
the whole board of directors.
Both parent companies, STMicroelectronics
and Ericsson, are committed to the 50/50 joint venture and will continue to
support its strategy towards industry leadership and sustainable financial
return. ST-Ericsson plays an important role in Ericsson’s end-to-end strategy
in a world with 50 billion connected devices and is part of ST’s vision to be a
leader in multimedia convergence applications.
Gilles Delfassy will support Lamouche, as
senior advisor to the CEO, during a transition period. Didier Lamouche, while
maintaining his title of ST Chief Operating Officer, will focus full time on
leading ST-Ericsson.
By Telecomlead.com Team
[email protected]