STMicroelectronics reported Q4 revenues of $1,859m, up 3.5% sequentially and 11.5% yoy. Every business unit grew sequentially, the strongest being AMG (+8.2%, $436m). In yoy figures, AMG is also the strongest contributor (+17.8%), followed by ADG (+12.4%, $716m), while MDG remains the laggard ($610m, -0.7%). The Others business remains on a strong ascending path ($97m, -5.9 sequentially, +106.4% yoy). The gross margin reached 37.5%, a sequential increase of 170bp including a negative impact o
26 Jan 2017
2017, the year for STMicroelectronics?
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2017, the year for STMicroelectronics?
STMicroelectronics reported Q4 revenues of $1,859m, up 3.5% sequentially and 11.5% yoy. Every business unit grew sequentially, the strongest being AMG (+8.2%, $436m). In yoy figures, AMG is also the strongest contributor (+17.8%), followed by ADG (+12.4%, $716m), while MDG remains the laggard ($610m, -0.7%). The Others business remains on a strong ascending path ($97m, -5.9 sequentially, +106.4% yoy). The gross margin reached 37.5%, a sequential increase of 170bp including a negative impact o