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STM STMicroelectronics NV

39.915
-1.27 (-3.07%)
Last Updated: 18:42:39
Delayed by 15 minutes
Share Name Share Symbol Market Type
STMicroelectronics NV NYSE:STM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.27 -3.07% 39.915 40.75 39.835 40.72 1,571,558 18:42:39

STMicroelectronics Comments on False Media Speculation

20/07/2017 10:37am

GlobeNewswire


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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