This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

STMicroelectronics' Management Presents At UBS European Technology Conference (Transcript)

Coming back to the wholly-owned business, we actually performed in a very rough environment in 2011. We performed quite well. You see here the evolution of the market which went down in 2011. And our core business went slightly up. So we gained market share as represented in this chart. We went from 5.7% to 5.8% market share in 2011. So we did perform well in our wholly-owned business.

However, of course, as you know the ST Ericsson side of the business did not perform as well. This is the split of our business by segment, by industry segment. Automotive, a very strong part of our core business. We're well positioned geographically. We’re number three worldwide, but we’re number one in China, where the growth is actually the fastest. In computer peripherals, number one in print head, that is a very nice business of ours and number two in the multi control for printers and hard disk drives.

In consumer we are number two worldwide and number one outside of the US where the growth is happening. So we continue to enjoy here, nice growth in emerging markets such as China and India where ST has a very strong leadership. Industrial and others were number three worldwide, communications number three worldwide, however this is the problem area of the company through our joint venture with Ericsson and in distribution 23% of our business, that’s also an area for future growth.

So these are the revenues by product segment, product organizations finally and this mimics pretty much the segment revenues as I described in the previous slide. By the way, regarding the wireless activity here, this is the proportion of our business. However this is the consolidated result, we consolidate a 100% of the results of ST Ericsson. However at the earnings level, it was a 50-50 share with Ericsson. So the exposure we have at earnings level to the wireless business is actually 9%.

Read the rest of this transcript for free on

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.02 -2.67%
FB $104.07 -5.81%
GOOG $683.57 -3.45%
TSLA $162.60 -7.26%
YHOO $27.97 -4.05%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs