Carlo Bozotti, President and CEO of STMicroelectronics, left, and Carl-Henric Svanberg, President and CEO of Ericsson, right, shake hands after their joint conference to the media and business analysts to announce an agreement to merge Ericsson Mobile Platforms and ST-NXP Wireless into a 50/50 joint venture, in London, Wednesday, Aug. 20, 2008. (AP Photo/Sang Tan)

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