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STMicroelectronics' CEO Discusses Q2 2012 Results - Earnings Call Transcript

STMicroelectronics NV (STM)

Q2 2012 Results Earnings Call

July 24, 2012 9:00 AM ET

Executives

Tait Sorensen – Director, Investor Relations

Carlo Bozotti – President and CEO

Philippe Lambinet – Chief Strategic Officer and EVP, Digital Sector

Mario Arlati – Chief Financial Officer

Carmelo Papa – Executive Vice President, Industrial and Multisegment Sector

Lorenzo Grandi – Corporate Vice President, External Reporting

Analysts

Kai Korschelt – Deutsche Bank

Gareth Jenkins – UBS

Sandeep Deshpande – JP Morgan

Didier Scemama – Merrill Lynch

Andrew Gardiner – Barclays

Peter Knox – Société Générale

Francois Meunier – Morgan Stanley

Jerome Ramel – Exane BNP Paribas

Stéphane Houri – Natixis

Amit Harchandani – Citigroup

Simon Schafer – Goldman Sachs

Cody Acree – Williams Financial

Lee Simpson – Jefferies

Presentation

Operator

Ladies and gentlemen, good morning or good afternoon. Welcome to the STM Second Quarter 2012 Earnings Results Conference Call and Live Webcast. I’m Gordan. The chorus call operator. I would like to remind you that all participants will be listen-only mode and the conference is being recorded. After the presentation, there will be a Q&A session. (Operator Instructions)

The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Mr. Tait Sorensen, Director, Investor Relations. Please go ahead, sir.

Tait Sorensen

Thank you. And thank you to all for joining our second quarter 2012 conference call. Hosting the call today is Carlo Bozotti, ST's President and Chief Executive Officer. Joining Carlo on the call today are, Philippe Lambinet, Chief Strategic Officer and Executive Vice President of the Digital Sector; Mario Arlati, Chief Financial Officer; Carmelo Papa, Executive Vice President of the Industrial and Multisegment Sector; and Lorenzo Grandi, Corporate Vice President, External Reporting.

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