STMicroelectronics NV (STM.PA)
* STMicroelectronics' Cardiff satellite SoC powers new Skyworth Digital satellite HD zapper set-top-box (STB)
* Digital Product Group under scrutiny as ST explores options
LONDON, May 12 - STMicroelectronics is taking more aggressive action in its troubled digital products group, scrutinising individual businesses and "exploring options" for the division as a whole, Chief Operating Officer Jean-Marc Chery said on Tuesday.
LONDON, May 12 - Europe's largest semiconductor maker, STMicroelectronics, said on Tuesday it expects second-quarter revenue to grow about 3.5 percent, squarely in the middle of the guidance the company issued two weeks ago.
* Launches 500Mbaud high-symbol-rate (HSR) satellite demodulator chip
* Currency boost delayed again, accelerating stock fall (Updates shares, adds comment and context)
* Reports Q1 revenue 1.71 billion euros ($1.90 billion) versus 1.83 billion euros a year ago
* STMicroelectronics and iPanel cooperate on solutions for digital migration in China
* Said on Tuesday its Supervisory Board has approved the Managing Board proposal to the 2015 Annual General Meeting (AGM) of Shareholders to declare this year a cash dividend of $0.40 per outstanding share of the company's common stock
BARCELONA - STMicroelectronics said on Tuesday it expected a second year of growth in its wireless business in 2015, following years of losses, a resurgence that eventually could help Europe's largest semiconductor maker hit overall profit margin improvement goals.
Earnings vs. Estimates
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