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STMicro warns of slack sales despite profit

2015-01-28 11:03:59| Semiconductors - Topix.net

STMicroelectronics NV, Europe's largest semiconductor maker, expects weaker demand for its chips early this year as it swung into the black in the fourth quarter, with lower costs offsetting a decline in revenue. STMicro said on Wednesday that it expects revenue to drop around 5% in the first quarter compared with the three months ended-December though that quarter-on-quarter decline that is less severe than it typically experiences in the period..

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Category:Electronics and Electrical

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