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ST pares R&D, centres on embedded processing

Posted: 30 Apr 2014     Print Version  Bookmark and Share

Keywords:STM  R&D  embedded 

[Summary of tips] STMicroelectronics NV sees a bright outlook as it pared losses during the first quarter following an R&D cutback and reduced impairment and restructuring charges.The European chipmaker recorded a net loss of $24 million, compared with $171 million a year ago, while revenue, excluding legacy ST-Ericsson products, grew 0.7 per ce......
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