STMicroelectronics NV on Thursday posted a surge in revenue and profit for the fourth quarter led by growth at its automotive and microcontrollers divisions.
The European chip maker STM IT:STM said net revenue climbed to $4.42 billion compared with $3.56 billion in the 2021 fourth quarter, with the company’s automotive business contributing $1.70 billion.
Net…
Source: https://www.marketwatch.com/story/stmicroelectronics-4q-revenue-profit-jumped-on-automotive-microcontrollers-strength-271674713965?siteid=yhoof2&yptr=yahoo