Semiconductor majors form alliance
STMicroelectronics, Philips and Freescale Semiconductor are to co-operate on the creation of System-on-Chip intellectual property.

,
and
have reached a preliminary agreement to co-operate on the creation and validation of high-level System-on-Chip (SoC) intellectual property (IP). Implementation and completion of this agreement is still subject to the successful conclusion of a contract between the partners.
The companies already work together as part of the Crolles2 Alliance in the research, development and industrialisation of CMOS process technologies. The
The three
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Comment: The UK is closer to deindustrialisation than reindustrialisation
"..have been years in the making" and are embedded in the actors - thus making it difficult for UK industry to move on and develop and apply...