ST Needs to Take Drastic Actions to Boost Margins

Article By : Bolaji Ojo

ST wants to jack up annual revenue within the next several years by more than 20%, above its projected 2020 sales. But is ST chasing the wrong financial target and ignoring a different metric preferred by investors and shareholders?

STMicroelectronics N.V. wants to jack up annual revenue within the next several years by more than $2 billion, or 20 percent, above its projected 2020 sales. But is ST, one of the semiconductor industry’s leading suppliers, chasing the wrong financial...

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