Thursday, January 26, 2017

UPDATE 2-STMicro sees solid 2017 start; hints may be iPhone 8 supplier

FRANKFURT/PARIS, Jan 26 (Reuters) - Franco-Italian chipmaker

STMicroelectronics posted in-line 2016 results on

Thursday, driven by solid phone and car part sales and improved

factory utilisation, while setting out a plan to boost plant

capacity that could fuel revenue later in 2017.

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