Feeds

STMicro more than doubles Q4 profits

Q1 slowdown expected

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

STMicroelectronics said Q4 profits more than doubled thanks to demand from mobile phone makers. Net profit for the quarter rose to $462 million, up from $184 million for the period a year earlier.

Sales rose 48 per cent to $2.19 billion but the company expects an eight per cent drop in the first quarter due to slowing demand. ®

Related Stories

Texas Instruments misses Q4 targets
Chip champs chomp bitter pill

Intelligent flash storage arrays

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Choosing a cloud hosting partner with confidence
Download Choosing a Cloud Hosting Provider with Confidence to learn more about cloud computing - the new opportunities and new security challenges.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.