ST braces for Q1 slump

Taylor, Colleen
January 2007
Electronic News;1/29/2007, Vol. 53 Issue 5, p34
Trade Publication
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.


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