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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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