STMicroelectronics Comments on False Media Speculation
July 20 2017 - 5:37AM
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
STMicroelectronics
ST 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 Relations
Tel: +1 602 485 2064
tait.sorensen@st.com
MEDIA RELATIONS:
Nelly
Dimey
Director, Corporate Media and Public Relations
STMicroelectronics
Tel: +33 158 077 785
nelly.dimey@st.com
ST comments on False Media
speculation
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: STMicroelectronics via Globenewswire
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