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4-Traders Homepage  >  Equities  >  Euronext Paris  >  STMicroelectronics    STM   NL0000226223

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STMicroelectronics Comments on False Media Speculation

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07/20/2017 | 11:39am CEST

Geneva - July 20, 2017 -STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, declared that the recent media speculation reported by Bloomberg (""STMicroelectronics may resume taking MCU orders after year-end, Taipei-based Economic Daily News reports, citing unidentified people from supply chain") is false.

ST continues to manage its business as usual to support customer demand.

About STMicroelectronics
ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST's products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices.

By getting more from technology to get more from life, ST stands for life.augmented.

In 2016, the Company's net revenues were $6.97 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.

 For further information, please contact:
INVESTOR RELATIONS:
Tait Sorensen                                              
Group VP, Investor Relations
Tel: +1 602 485 2064
tait.sorensen@st.com

 MEDIA RELATIONS:
Nelly Dimey                                     
Director, Corporate Media and Public Relations
STMicroelectronics
Tel: +33 158 077 785
nelly.dimey@st.com

Attachments:

http://www.globenewswire.com/NewsRoom/AttachmentNg/94b9fbf4-63c9-403d-898e-1dd1e9efe8b4


© GlobeNewswire 2017
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Financials ($)
Sales 2017 7 952 M
EBIT 2017 815 M
Net income 2017 674 M
Finance 2017 333 M
Yield 2017 1,52%
P/E ratio 2017 22,23
P/E ratio 2018 17,00
EV / Sales 2017 1,82x
EV / Sales 2018 1,64x
Capitalization 14 788 M
Chart STMICROELECTRONICS
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STMicroelectronics Technical Analysis Chart | STM | NL0000226223 | 4-Traders
Technical analysis trends STMICROELECTRONICS
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 15,5 $
Spread / Average Target -3,6%
EPS Revisions
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NameTitle
Carlo Bozotti President & Chief Executive Officer
Nicolas Dufourcq Chairman-Supervisory Board
Carlo Ferro CFO, EVP-Finance, Legal, Infrastructure & Services
Jean-Georges Malcor Member-Supervisory Board
Alessandro Rivera Member-Supervisory Board
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