PHILPS semiconductor CEO denied will be merged with STMICROELECTRONICS

PHILPS semiconductor CEO Hooton Frans van may deny and STMicroelectronics (STMicroelectronics) merger, even though he was in favour of the expansion of the company, but I hope more creative than with simple.

Observers say the STMicroelectronics PHILPS semiconductor is one of the possible merger, because the two sides of Crolles in France to share research facilities, complementary approaches to take sides in the market attack field also has had several years. But Hooton said the cooperation in Crolles is loose.

Hooton said that PHILPS semiconductor needs to be able to enhance the size of the company in all four key areas of the partnership, the four major business is mobile / personal, family, automotive and multi market areas. He supports international cooperation, rather than strengthen and within the EU partners, Hitachi believes that the establishment of the MITSUBISHI chip Department merged Renesas is a successful example of.