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Mostek
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{{Short description|American electronics company}} {{Distinguish|MOS Technology}} {{Other uses}} {{More citations needed|date=September 2011}} {{Infobox company | name = Mostek Corporation | logo = File:Mostek logo late 1970s.svg | logo_caption = Mostek logo from the late 1970s until its acquisition by [[United Technologies]] | type = <!-- Public or private --> | industry = Semiconductors | founded = {{Start date and age|1969}} in [[Worcester, Massachusetts]] | founder = {{ubl|L. J. Sevin|Louay E. Sharif|Richard L. Petritz}} | defunct = {{End date|1985}} | fate = Merged into [[STMicroelectronics]] | num_employees = | num_employees_year = <!-- Year of num_employees data (if known) --> }} '''Mostek Corporation''' was a semiconductor [[integrated circuit]] manufacturer, founded in 1969 by L. J. Sevin, Louay E. Sharif, Richard L. Petritz and other ex-employees of [[Texas Instruments]]. At its peak in the late 1970s, Mostek held an 85% market share of the [[dynamic random-access memory]] (DRAM) memory chip market worldwide, until being eclipsed by lower-priced Japanese DRAM manufacturers who were accused of [[Dumping (pricing policy)|dumping]] memory on the market.<ref> {{cite news |first1=David E. |last1=Sanger |url=https://www.nytimes.com/1985/08/03/business/japan-chip-dumping-is-found.html |title=Japan chip 'dumping' is found |newspaper=New York Times|date=3 August 1985}} <br/> {{cite news |first1=Donald |last1=Woutat. |url=https://www.latimes.com/archives/la-xpm-1985-12-04-fi-625-story.html |title=6 Japan Chip Makers Cited for Dumping |newspaper=Los Angeles Times |date=4 November 1985}} <br/> {{cite news |url=https://www.latimes.com/archives/la-xpm-1986-03-14-fi-20761-story.html |title=More Japan Firms Accused: U.S. Contends 5 Companies Dumped Chips |newspaper=Los Angeles Times|date=1986}} <br/> </ref> In 1979, soon after its market peak, Mostek was purchased by [[United Technologies Corporation]] for {{US$|345M}}. In 1985, after several years of red ink and declining market share, UTC closed Mostek completely and sold it for {{US$|71M}} to the French electronics firm [[Thomson-CSF]], which later spun it off into [[STMicroelectronics]].
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