Future Tech
STMicroelectronics maintains 2030 targets
STMicroelectronics (ST) said on Wednesday it will stand by the 2030 targets plan it laid out in 2022, despite three outlook cuts this year amid a slump in markets for the industrial and automotive chips it makes.
Europe's largest semiconductor manufacturer by revenue reiterated its revenue forecast to reach 20 billion euros ($21.17 billion) by 2027, with an operating margin above 30%.
- Reuters
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
