ST looks at $12bn revenue year

ST had Q1 net revenues of $3.02 billion with a gross margin of 39%, an operating margin of 14.6% and net income of $364 million. Q1 capex was  $405 million. The company expects Q2 net revenues of $2.9 billion with a gross margin of 39.5%. “In the first quarter of 2021, net revenues increased 35.2% year-over-year,” ...

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