TITLE

ST braces for Q1 slump

AUTHOR(S)
Taylor, Colleen
PUB. DATE
January 2007
SOURCE
Electronic News;1/29/2007, Vol. 53 Issue 5, p34
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article considers the possible decline in the profits of STMicroelectronics (ST) for the first quarter of 2007. The company posted fourth quarter net revenues of $2.48 billion, down 1.2 percent from the $2.5 billion ST reported in the third quarter. ST said the sequential decrease was due largely to lower wireless sales.
ACCESSION #
23937336

 

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