STMicroelectronics releases 1Q23 financial results
Date:2023-05-09
STMicroelectronics (ST) has released its first-quarter 2023 financial results. According to the company, net revenue was US$4.15 billion, a 19.8% YoY increase, and gross margin was 49.7%. Net income also saw a 39.8% YoY increase to US$1.04 billion.