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STMicroelectronics sees strong improvement in Q3 results, forecast 4% annual sales growth

Thursday 22 October 2020 | 09:12 CET | News
STMicroelectronics has reported better-than-expected market conditions in Q3, thanks to demand in the auto market and sales efforts in personal electronics and microcontrollers. As flagged at the start of the month, revenues beat its earlier guidance, rising 4.4 percent year-on-year and 27.8 percent sequentially to USD 2.666 billion.

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Categories: General
Companies: STMicroelectronics
Countries: World
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