Automotive market drives STMicroelectronics Q2 revenue
STMicroelectronics (ST) announced the financial statements for the second quarter and the first half of the year ended July 2nd. CEO and CEO Carlo Bozotti stated that net income and gross profit margin for the second quarter were broadly in line with business outlook expectations for the previous quarter. Automotive Electronics Market The strong demand is the main driving force for the growth of sales revenue.
He pointed out that as expected, business growth in the second quarter was affected by the earthquake and tsunami in Japan and unfavorable exchange rate fluctuations, while also facing ST-Ericsson's ongoing business transformation plan.
ST's net income in the second quarter grew by 1.3% from the previous quarter, growing by 1.4% year-on-year, and the Americas led the growth of other regions by 8%. STMicroelectronics pointed out that net income grew compared with the previous quarter, mainly benefiting from automotive electronics, consumer electronics, computers and telecommunications infrastructure products (ACCI), and in particular automotive wafer and imaging products revenue exceeded expectations.
In addition, the Japanese crisis led to the collapse of the supply chain, prompting customers to change demand and adjust inventory, so ST's analog components, MEMS and Microcontrollers (AMM) revenue slightly lower than expected.
He pointed out that as expected, business growth in the second quarter was affected by the earthquake and tsunami in Japan and unfavorable exchange rate fluctuations, while also facing ST-Ericsson's ongoing business transformation plan.
ST's net income in the second quarter grew by 1.3% from the previous quarter, growing by 1.4% year-on-year, and the Americas led the growth of other regions by 8%. STMicroelectronics pointed out that net income grew compared with the previous quarter, mainly benefiting from automotive electronics, consumer electronics, computers and telecommunications infrastructure products (ACCI), and in particular automotive wafer and imaging products revenue exceeded expectations.
In addition, the Japanese crisis led to the collapse of the supply chain, prompting customers to change demand and adjust inventory, so ST's analog components, MEMS and Microcontrollers (AMM) revenue slightly lower than expected.
Zowell Pallet truck 4-8 tons is a material handling equipment mainly used in the transfer of heavy materials in pallet inside and outside the production line and warehouse. The pallet truck is only used for plane transportation for no lifting mast. They are equipped with AC drive motor and multi-functional handle, emergency switch, dual balance wheel as well as side loading battery for safety, efficiency and less fatigue in operation. Buffered pedal also extends the flexibility for various scenarios.
Walkie Pallet Truck,Walk Behind Pallet Jack,Raymond Walkie Rider,Heavy duty Electric Pallet Jack
Suzhou Pioneer Material Handling Equipment & Technology Co., Ltd , https://www.xianfengforklifts.com