STM reported Q1 revenues of $1,613m, down 3.3% sequentially and 5.4% yoy. The company unveiled a new reporting system, now composed of three divisions: Automotive & Discrete Group (ADG), Analog & MEMS Group (AMG) and Microcontrollers & Digital ICs Group (MDG). According to restated figures, ADG was up sequentially (5.4%) but flat yoy, AMG flat sequentially and down yoy (-17.1%) and MDG down sequentially (-13.4%) and flat yoy. The gross margin reached 33.4%, a sequential increase o
28 Apr 2016
Positive outlook but results remain delicate
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Positive outlook but results remain delicate
STM reported Q1 revenues of $1,613m, down 3.3% sequentially and 5.4% yoy. The company unveiled a new reporting system, now composed of three divisions: Automotive & Discrete Group (ADG), Analog & MEMS Group (AMG) and Microcontrollers & Digital ICs Group (MDG). According to restated figures, ADG was up sequentially (5.4%) but flat yoy, AMG flat sequentially and down yoy (-17.1%) and MDG down sequentially (-13.4%) and flat yoy. The gross margin reached 33.4%, a sequential increase o