ST on-track for 23% growth in 2021 with revenue of $12.6bn

ST had Q3 revenues of $3.2 billion up 6.9% sequentially and 19.9% y-o-y. The gross margin was 41.6%, the operating margin was 18.9%, and net income was $474 million. “ The revenue performance was driven by strong global demand and by our engaged customer programs in Personal Electronics,” says CEO Jean-Marc Chery  (pictured), “Q3 operating ...

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