STMicroelectronics reports 3Q 2015 resultsThursday, October 29th, 2015
GENEVA — STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the third quarter and nine months ended September 26, 2015.
ST’s third quarter net revenues increased 0.3% on a sequential basis to $1.76 billion.
On a sequential basis, net revenues by region of shipment increased 7.2% in the Americas and 1.0% in Greater China & South Asia. Japan & Korea and EMEA decreased by 5.3% and 2.4%, respectively.
On a year-over-year basis, net revenues decreased 6.5%. Net revenues, excluding negative currency effects and mobile legacy products, decreased 3.8% year-over-year.
Q3 2015 – Product and Technology Highlights – Embedded Processing Solutions (EPS) – Digital Products (DPG)
- Continued to expand Time-of-Flight photonic sensor business in Asia, with now more than 20 phone models available from several leading Asian smart-phone manufacturers;
- Unveiled DOCSIS 3.1 chipset solution;
- Revealed new family of SoCs for broadcast and connected HD HEVC for entry set-top boxes;
- Introduced world’s first set-top-box SoC with integrated Wi-Fi and support for High Dynamic Range.