STMicroelectronics’ FY 2018 net income up 60.4% y/y to USD1.28 billion

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Financial results

Revenues increase 15.8% y/y

STMicroelectronics has reported a 60.4% year-over-year (y/y) increase in net income to USD1.28 billion for the fiscal year ended 31 December 2018, the Switzerland-based company said in a press release on 24 January.

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