STM

STMicroelectronics N.V. Common Stock

15.7600
USD
-1.68%
15.7600
USD
-1.68%
15.1900 26.4300
52 weeks
52 weeks

Mkt Cap 14.47B

Shares Out 911.14M

new Chat
Send me real-time posts from this site at my email

Apple Supplier STM Aims to Bolster Flagship Smartphones Business, CEO Says

STMicroelecronics (STM) , a supplier of semiconductors to major tech players such as Apple (AAPL) , Cisco Systems (CSCO) , and Samsung Electronics (SSNLF) wants to be "more present" in flagship smartphones, CEO Carlo Bozotti said.

While the outlook for the smartphone market is not as straightforward as the automotive market, from which the company expects to reap benefits "for several years," Bozotti told TheStreet he wants to grab the opportunities that lie in an area where giants such as Apple, Samsung, and China's Huawei...


More