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STMicro Lures Samsung With Hover Screen Amid Venture Exit

STMicroelectronics NV projects demand from Samsung Electronics Co. and Apple Inc. will boost its $1.4 billion in wireless-component sales as it works toward exiting a venture patronized by those companies.

STMicroelectronics wants to lure more contracts from the world’s biggest phone-makers with touchless screens -- your hand just hovers over them -- and other parts for phones and tablets, said Benedetto Vigna, the head of micro-electro mechanical systems, or “mems.”