STMicroelectronics Comments on False Media Speculation
20 July 2017 - 7:39PM
Geneva - July 20, 2017 -STMicroelectronics (NYSE: STM), a
global semiconductor leader serving customers across the spectrum
of electronics applications, declared that the recent media
speculation reported by Bloomberg (""STMicroelectronics may resume
taking MCU orders after year-end, Taipei-based Economic Daily News
reports, citing unidentified people from supply chain") is
false.
ST continues to manage its business as usual to support customer
demand.
About STMicroelectronicsST is a global semiconductor
leader delivering intelligent and energy-efficient products and
solutions that power the electronics at the heart of everyday life.
ST's products are found everywhere today, and together with our
customers, we are enabling smarter driving and smarter factories,
cities and homes, along with the next generation of mobile and
Internet of Things devices.
By getting more from technology to get more from life, ST stands
for life.augmented.
In 2016, the Company's net revenues were $6.97 billion, serving
more than 100,000 customers worldwide. Further information can be
found at www.st.com.
For further information, please
contact:INVESTOR RELATIONS:Tait
Sorensen
Group VP, Investor RelationsTel: +1 602 485
2064tait.sorensen@st.com
MEDIA RELATIONS:Nelly
Dimey
Director, Corporate Media and Public
RelationsSTMicroelectronicsTel: +33 158 077
785nelly.dimey@st.com
Attachments:
http://www.globenewswire.com/NewsRoom/AttachmentNg/94b9fbf4-63c9-403d-898e-1dd1e9efe8b4
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