STMicroelectronics N.V. (STM)

Q4 and Full Year 2010 Earnings Conference Call

January 25, 2011 9 AM ET


Tait Sorensen – Director, IR

Carlo Bozotti – President and CEO

Carlo Ferro – CFO

Alain Dutheil – COO

Carmelo Papa – EVP, Industrial and Multisegment Sector


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



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.

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