Geneva,Switzerland/Austin, Texas, USA: 
 In a move to add more strength  and diversity to their product  lines, a joint agreement was  forged between Freescale and  STMicroelectronics.     
The two companies,  major semiconductor suppliers to the automotive industry,  plan to create a joint microcontroller  design team. They will  also align process technologies  and share intellectual property,  including, for instance, highpower  MOS technologies.    
  The agreement covers high-performance,  cost-effective 32bit  microcontrollers based on  PowerPC cores; the basic intellectual  property (IP) for automotive  and navigation applications;  alignment of 90nm embedded  flash process technology; and  high-voltage Power MOSFETs  and IGBTs technologies.    
  The design program, to be comanaged  by the companies, will  be headquartered in the Munich,  Germany area. Each are set to  manufacture the microcontrollers  using aligned process technologies,  starting at 90nm.