STMicroelectronics: ST Reconfirms Its New Financial Model

STMicroelectronics: ST Reconfirms Its New Financial Model 
GENEVA -- (Marketwire) -- 12/18/12 --  Following Bloomberg's
statements earlier this morning, STMicroelectronics (NYSE: STM), a
global semiconductor leader serving customers across the spectrum of
electronic applications, reconfirms its new financial business model
targeting 10% or more operating margin. 
The company is focused to rapidly achieve operating margin of 10
percent, while targeting a significantly higher level of
profitability by 2017. 
Forward-looking information  
This Press Release contains statements of future expectations and
other forward-looking statements (within the meaning of Section 27A
of the Securities Act of 1933 or Section 21E of the Securities
Exchange Act of 1934, each as amended). These statements include
expectations regarding our new strategic plan, including expected
benefits, future financial and operating results and other statements
regarding events or developments that we believe or anticipate will
or may occur in the future. These statements are based on
management's current views and assumptions, and are conditioned upon
and also involve known and unknown risks and uncertainties that could
cause actual results, performance or events to differ materially from
the forward-looking statements contained in this Press Release. Such
risks and uncertainties include the continuing difficult
macro-economic and industry conditions and trends in the
semiconductor sector and the other risks detailed in our filings with
the Securities and Exchange Commission. Should one or more of these
risks or uncertainties materialize, or should underlying assumptions
prove incorrect, actual results may vary materially which could have
a material adverse effect on our business and/or financial condition.
We do not intend, and do not assume any obligation, to update any
forward looking statements set forth in this Press Release. 
About STMicroelectronics
 ST is a global leader in the semiconductor
market serving customers across the spectrum of sense and power and
automotive products and embedded processing solutions. From energy
management and savings to trust and data security, from healthcare
and wellness to smart consumer devices, in the home, car and office,
at work and at play, ST is found everywhere microelectronics make a
positive and innovative contribution to people's life. By getting
more from technology to get more from life, ST stands for
life.augmented.  
In 2011, the company's net revenues were $9.73 billion. Further
information on ST can be found at www.st.com. 
ST financial model: http://hugin.info/152740/R/1665978/540619.pdf  
For further information, please contact:
INVESTOR RELATIONS
Tait Sorensen 
Director, Investor Relations
Tel: +1 602 485 2064
tait.sorensen@st.com 
MEDIA RELATIONS
Maria Grazia Prestini 
Group VP, Corporate Media and Public Relations
Tel: + 41 22 929 6945
mariagrazia.prestini@st.com 
 
 
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