STMicroelectronics reports 3Q 2015 results

Thursday, October 29th, 2015 
STMicroelectronics logo

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)