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ST looks at $12bn revenue year ST had Q1 net revenues of $3.02 billion with a gross margin of 39%, an operating margin of 14.6% and net income of $364 million. Q1 capex was  $405 million. The company expects Q2 net revenues of $2.9 billion with a gross margin of 39.5%. “In the first quarter of 2021, net revenues increased 35.2% year-over-year,” says CEO Jean-Marc Chery (pictured), “all product groups contributed to this growth, on continued acceleration of demand globally. Operating margin improved 420 basis points to 14.6% and net income increased 89.6% to $364 million. On a sequential basis, net revenues decreased 6.8%, 270 basis points above the mid-point of our outlook.” ”Automotive and Power Discrete products and Microcontrollers increased sequentially, partially offset by Personal Electronics products,” adds Chery, “ST’s second quarter outlook, at the mid-point, is for net revenues of $2.9 billion, increasing year-over-year by 39%, and decreasing sequent

Jean marc cherySensors groupDigital ics groupDiscrete groupNet revenues by product groupMarc cheryPower discretePersonal electronicsFinancial summaryRevenues by product groupஜீன் மார்க் செர்ரிசென்சார்கள் குழுடிஜிட்டல் இஸீஸ் குழுதனித்தனி குழுநிகர வருவாய் வழங்கியவர் ப்ராடக்ட் குழுமார்க் செர்ரி