STMicroelectronics' recovery gains momentum, but power chips lag

T2Covered by 1 source · first reported by JP/KR/TW: Korea Herald / Taipei Times / DigiTimes at 30 Oct, 00:12 UTC

STMicroelectronics is turning a demand recovery into stronger factory economics, with communications and embedded-processing products driving the improvement. Yet the widening loss in its power semiconductor business shows that higher sales have not restored portfolio-wide profitability, leaving…