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STMicroelectronics forecasts better H2 after drop in Q2 results

Thursday 23 July 2020 | 09:45 CET | News
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STMicroelectronics has forecast a better second half of the year, after reporting lower results for the second quarter. Revenues fell 4.0 percent year-on-year and were 6.5 percent lower compared to the first quarter at USD 2.087 billion, as the decline in Automotive,Analog and Imaging products was offset only partially by growth in Microcontrollers, Digital and Power Discrete products. 

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Categories: General
Companies: STMicroelectronics
Countries: World
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