Monday, April 9, 2012
Arbitrator orders ST Micro to pay NXP $59M
Arbitrator orders ST Micro to pay NXP $59M:
"SAN FRANCISCO—STMicroelectronics NV has been ordered to pay about $59 million to NXP Semiconductors BV by an arbitration tribunal to settle a dispute over charges for wafers NXP supplied to ST's wireless joint venture in 2008 and 2009, ST said Monday (April 9)."
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