Thursday, January 26, 2017

ST Q4 profits up; plans to invest $1bn in manufacturing

ST saw Q4 operating profit of $112 million up from $2 million in Q4 2015 on revenues of $1.86 billion up from $1.67 billion in Q4 2025.   “In the fourth quarter we continued to see sustained demand, resulting in revenues and gross margin better than the midpoint of our guidance. Net revenues grew 3.5% ...

Read full article: ST Q4 profits up; plans to invest $1bn in manufacturing

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