STMicroelectronics N.V. : Pretty reassuring figures, including on Apple
>Outperform rating maintained, after this reassuring release - STM’s Q1 2021 figures (link) provided reassurance after a period of sharp underperformance amid concerns over Apple. As we thought, the group is clearly set to achieve its $ 12bn target as early as 2021, implying very slight growth in H2 and that the relationship with Apple for 2021 is unchanged. While it did not unveil the next target ($ 15bn in 2025?), the group provided details of the excellent momentum...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.