Business ST to close its former Inmos design centre Bristol site

Business ST to close its former Inmos design centre Bristol site

2013/07/05

STMicroelectronics is to close its Bristol site which was first established 35 years ago as Inmos’ design centre.

ST says:

“We did announce to employees on Wednesday our plan to discontinue operations at our Bristol site in Q1 2014.

This decision is part of our already-announced strategy to transform our digital convergence business to become sustainably profitable as quickly as possible and to target growth areas where we lead or can lead.

With the planned closure of Bristol, UPD activities will be concentrated in fewer sites, with the aim to decrease time-to-market and improve execution of our new products.

There will be no disruption or delay to our committed roadmap and customer engagements.

ST will put in place measures in order to minimize the impact on Bristol employees.

We are about to start consulting with them and therefore are not ready to disclose any additional details at this stage.”

“Overall, DCG priorities for 2013 are unchanged from May,” says ST:
i) continue the deployment of new products (new Class2, Orly, Cannes, Alicante, Athena)
ii) gain share in the US market (cable, gateway, connected STBs)
iii) exploit the potential of FDSOI in ASIC – already showing significant progress with a strong design-in pipeline
iv) and execute on the $600 million plan: Unified processing platform; no merchant silicon for TV or mobile; optimized R&D structure.

David Manners

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