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STMicroelectronics At Citi Technology Conference (Transcript)

Stocks in this article: STM

Amit Harchandani - Citi

I think since we are on the topic of near term, I mean a slightly cheeky question if I may. It would be interesting to hear your thoughts on that topic which has dominated headlines recently which is the ongoing litigation between Apple and Samsung. I admit both are your customers and you respect the relationship but in the broader sense particularly when you include the ST-Ericsson perspective, would you say threat for the Android eco-system is an overall negative for your firm?

Philippe Lambinet

Well we don’t like to comment on ongoing litigations and it's difficult to see how this will come out. I think ST has enjoys very good presence in both eco-system and you know ST will benefit from the growth of the overall market. As people know we have MEMs for example in both side in the iOS eco-system and in Android eco-system. We are not particularly anxious on one side or the other no matter how it will go.

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