STMicroelectronics posts 43.4% y/y growth in Q2 revenue to USD2.99 billion

Financial results

Q2 net income rose to USD412 million from USD90 million

STMicroelectronics reported a 43.4% year-on-year (y/y) growth in revenue for the second quarter of fiscal 2021 at USD2.99 billion, according to a company press release on 29 July.

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