Wednesday, 25 July 2018

ST looking to 14-17% growth this year

 ST had Q2 revenues of $2.27 billion up 18% on Q2 2017. Gross margin was 40% and profit was $261 million. It expects Q3 revenues to show growth of 10% to about $2.5 billion. The company’s growth target for the year is between 14 and 17% growth.  “We are growing significantly in the third and ...

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from Electronics Weekly https://www.electronicsweekly.com/news/business/st-looking-14-17-growth-year-2018-07/

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