ST Q3 down 6.5% y-o-y; expects 6% sequential fall in Q4.

ST Q3 down 6.5% y-o-y; expects 6% sequential fall in Q4.

ST’s Q3 revenue was 6.5% down on Q3 2014 at $1.76 billion with a gross margin of 34.8%. It expects a 6% drop in Q4 revenues on Q3 to about $1.66 billion with a gross margin of 33.5%. ST blamed lower consumer spending in China for the weak Q3 revenues. Compared to Q3 last year, ...

David Manners

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