STMicroelectronics N.V. ( STM) Q4 and Full Year 2010 Earnings Conference Call January 25, 2011 9 AM ET Executives Tait Sorensen – Director, IR Carlo Bozotti – President and CEO Carlo Ferro – CFO Alain Dutheil – COO Carmelo Papa – EVP, Industrial and Multisegment Sector Analysts Janardan Menon – Liberum Capital Didier Scemama – UBS Tristan Gerra – Robert W. Baird Simon Schafer – Goldman Sachs Gareth Jenkins – UBS AG Peter Knox – Société Générale Guenther Hollfelder – Unicredit Research Jerome Ramel – Exane BNP Paribas Sandeep Deshpande – JPMorgan PresentationOperator
Good morning/Good afternoon. This is the Chorus Call conference operator. Welcome and thank you for joining the STMicroelectronics Q4 and Full Year 2010 Earnings Results Conference call. As a reminder all participants are in listen-only mode and the conference will be recorded. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Tait Sorensen, Director, Investor Relations. Please go ahead, Mr. Sorensen. Tait Sorensen Thank you for joining our Fourth Quarter and Full Year 2010 Conference call. Hosting the call today is Carlo Bozotti, ST’s President and Chief Executive Officer. Joining him today on the call are Alain Dutheil, Chief Operating Officer; Didier Lamouche, Chief Operating Officer (Designate); Carlo Ferro, Chief Financial Officer; Carmelo Papa, Executive Vice President of the Industrial and Multisegment Sector; and Philippe Lambinet, Executive Vice President of Home Entertainment and Displays. This call is being broadcast live over the web and can be accessed through ST’s website. A replay will be available shortly after the conclusion of this call. This call will include forward-looking statements that involve risk factors that could cause ST’s results to differ materially from management’s expectations and plans. We encourage you to review the Safe Harbor statement contained in the press release that was issued with the results last night and also in ST’s most recent regulatory filings for a full description of these risk factors.