November 13, 2019 / 11:13 AM / a month ago

BRIEF-STMicro CFO says Plan Is To Keep Control Over Inventories In H1 2020

Nov 13 (Reuters) - STMicroelectronics NV:

* STMICROELECTRONICS CFO LORENZO GRANDI SAYS GROUP ON TRACK TO BRING DOWN INVENTORY LEVELS TO 95 DAYS IN Q4

* STMICRO’S GRANDISAYS PLAN IS TO KEEP CONTROL OVER INVENTORIES IN H1 2020 Further company coverage: (Reporting by Mathieu Rosemain)

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