Motorola Joins Philips, STM in Semiconductor Alliance
Motorola Inc. (Austin, TX), Royal Philips Electronics (Amsterdam, Netherlands) and STMicroelectronics Inc. (STM, Geneva, Switzerland) announced the signing of a memorandum of understanding to create a comprehensive alliance dedicated to breakthrough semiconductor technology development.
The move redefines the industry model for such advanced development, with the goal of creating future-generation technologies and system-on-chip solutions more quickly and cost-effectively. The joint development program will be based in Crolles, France, in the new research and development center, Crolles2, and augmented by each company's existing research and development operations and laboratories.
"This investment will ensure that Motorola and its partners are in leadership positions to supply the highest-value products to our customers," said Fred Shlapak, president of the semiconductor products sector at Motorola. "The beauty of this alliance is that it will dramatically accelerate the development of future technologies, ensure proliferation of those technologies throughout the industry, and at the same time, result in lower costs for each member of the joint development project."