LONDON : European chipmaker STMicroelectronics on Thursday reported fourth-quarter sales ahead of market expectations, despite challenging economic conditions, benefiting from strong customer demand.The firm's net revenue rose to $4.42 billon compared to $4.32 billion the previous quarter. Analysts had on
LONDON : European chipmaker STMicroelectronics on Thursday reported fourth-quarter sales ahead of market expectations, despite challenging economic conditions, benefiting from strong customer demand.
STMicro, whose biggest clients include iPhone maker Apple and electric carmaker Tesla, hit its own revenue target for the year, reaching $16.1 billion.
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