ST Q1 up 22.2%

ST had Q1 revenues of $2.33 billion up 22.2% y-o-y representing an increase of $400 million despite it being a quarter in which the market for  smartphone parts was weak. Gross and operating margins were up y-o-y  to 39.9% and 12.1%, respectively Net income was $239 million – a y-o-y improvement of $131 million despite ...

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