Wednesday, April 25, 2018

ST Reports Weak Sales of Imaging Products for Smartphones

SeekingAlpha publishes ST Q1 2018 earnings call. The company sounds not happy about its imaging business in smartphones:

"On a sequential basis, AMS [Analog, MEMS and Sensors Group] revenues decreased by 27.4%, principally reflecting the negative impact of smartphone applications to our Imaging business...

As we already anticipated, and now this is well-known by the industry, the second quarter is another quarter of weak sales in smartphones, particularly for our Imaging business.

No comments:

Post a Comment

All comments are moderated to avoid spam and personal attacks.