STMicroelectronics N.V. : CMD – Still very confident on the automotive segment
>Second part of the CMD dedicated to automotive and discrete products - On Friday afternoon, STMicroelectronics held the second part of its dematerialised CMD (split into four meetings), this time focused on the automotive and discrete group division (ADG). At the end of Q3, the ADG division represented 35% of total group sales. Sales were strongly impacted in H1 but benefited from a sequential rebound of 17% in Q3. It includes several activities, split into two sub-s...STMicroelectronics is a global independent semiconductor company that designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (“ICs”) and discrete devices. Co. offers a diversified product portfolio and develops products for a wide range of market applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. Within its diversified portfolio, Co. is focused on developing products that leverage its technological strengths in creating customized, system-level solutions with digital and mixed-signal content.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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