STMicro: profitability up in first quarter.

(CercleFinance.com) - STMicroelectronics has published Q1 2017 net profit of 108 million dollars, up 149 million dollars, with a gross margin of 37.
6%, up 420 basis points y-o-y.

Net sales of the Franco-Italian semiconductor manufacturer reached 1.82 billion dollars, up 12.9% from the same period in 2016, across all the group's products.


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