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STMicro Sales Forecast Misses Estimates on Weak Chip Demand
2014-10-29 16:36:56| Semiconductors - Topix.net
STMicroelectronics NV forecast weaker chip demand will cut sales this quarter, missing analysts' estimates and making it more difficult for Europe's largest semiconductor supplier to reach a key profitability target. The stock slumped.
Tags: sales
demand
estimates
weak
Category:Electronics and Electrical
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