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Europe Daily Bulletin No. 9485

23 August 2007
Contents Publication in full By article 13 / 24
GENERAL NEWS / (eu) eu/competition
Green light to proposed joint venture between STMicroelectronics and Intel Corporation

Brussels, 22/08/2007 (Agence Europe) - On 13 August 2007 the European Commission authorised the proposed joint venture between the French/Italian group STMicroelectronics and the US company Intel Corporation. The joint venture will operate worldwide in the sale of so-called "flash memory", a type of memory which is widely used in data storage cards, in mobile phones and other portable devices. The Commission concluded that strong competitors are present for each of these products and...

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THE DAY IN POLITICS
GENERAL NEWS