STMicro sees over $20 billion in annual sales by 2027

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Reuters UK

PARIS (Reuters) – Franco-Italian chipmaker STMicroelectronics targe,2021:newsml_RC2JJN9FWUKQ:71487787/,2021:binary_RC2JJN9FWUKQ-BASEIMAGE?action=download&mediatype=picture&mex_media_type=picture&token=%22%2BEXPAx7iGaudd2W2y90GZOin2Tyib%2FbQImvrSv5CoSE%3D%22ts over $20 billion in annual sales by 2027 at the latest, it said on Thursday, driven by continued demand from the automotive, industrial and smartphone industries. The sales target represents about a 30% increase from the top range of its expectations for this yea…

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