STMicroelectronics has announced earnings in the fourth quarter 2012: revenues have a decline by 1.3% year-on-year to $ 2.162 billion, slightly higher than the Bloomberg survey forecast of $ 2.12 billion. However, due to STMicroelectronics decided to withdraw from the wireless communications career with Ericsson (Ericsson) joint venture on December 10 last year, the company's quarter therefore recognized an impairment of $ 544 million of goodwill and other real value of the assets, resulting in a net loss from quarter widened to $ 011 million to $ 428 million. STMicroelectronics said, after parting ways with Ericsson, will be operational focus on automotive sensors, power management, as well as the development of embedded processor products. Looking for the quarter, STMicroelectronics quarter forecasts, after a falling out with Ericsson this quarter they will have obvious decline compared with the previous quarter, from 3.5 to 10.5%. STMicroelectronics also plans in the third quarter of this year to complete the reorganization which estimates to cost 3-500000000 U.S. dollars.