STMicroelectronics NV (MIL:STMMI)
€ 24.475 0.375 (1.56%) Market Cap: 22.03 Bil Enterprise Value: 19.11 Bil PE Ratio: 9.62 PB Ratio: 1.37 GF Score: 88/100

STMicroelectronics NV at Morgan Stanley TMT Conference Transcript

Nov 13, 2019 / 10:30AM GMT
Release Date Price: €21.86 (-1.00%)
Dominik P. Olszewski
Morgan Stanley, Research Division - Research Analyst

Okay. Welcome, everybody. I'm Dominik Olszewski. I cover European semis and tech hardware at Morgan Stanley. And it's my pleasure to introduce the CFO of STMicroelectronics, Lorenzo Grandi.

As ever, we'll have an opportunity for some questions for the audience from the room. So there will be some more of the mic passing through that later.

Perhaps as a start, we could discuss -- following Q3 results, maybe you could describe the main highlights from your business performance and then talk about some of the near-term recent trends.

Lorenzo Grandi
STMicroelectronics N.V. - President of Finance, Infrastructure & Services and CFO

Sure. First of all, good morning to everybody. Thank you for your attendance. Let's talk a little bit about our result in Q3 that I assume you know very well, but I just summarize. And then I would like to go through the market, how we see the market and how we see the evolution of the various vertical that we are serving.

As you

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