💨 Abstract

STMicroelectronics, a major European chipmaker, expects sales to decrease by 27.6% in Q1 2025, due to a prolonged downturn in its key markets, particularly in Europe's industrial and automotive sectors. The company's revenue forecast for Q1 is $2.51 billion, down from $3.47 billion in the same quarter last year. This is lower than the $2.72

Courtesy: theprint.in

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