STMicroelectronics Reports 2011 Fourth Quarter and Full Year Financial Results

(*)Sales recorded by ST-Ericsson and consolidated by ST are included in Telecom and Distribution.

The sequential net revenues decrease of 10.3% was due to sales declines in all markets. Automotive, Telecom, Consumer, Industrial & Other and Computer sales were lower by 1%, 4%, 5%, 14% and 15%, respectively. Distribution decreased by 19%. On a year-over-year basis net revenues were lower by about 23%. Automotive, Industrial & Other, Computer and Consumer were lower by 6%, 13%, 27% and 30%, respectively. Distribution decreased by 29%.

Revenues and Operating Results by ST Product Segment

Operating Segment

(In Million US$)

Q4 2011

Net

Revenues

Q4 2011

Operating

Income (Loss)

Q3 2011

Net

Revenues

Q3 2011

Operating

Income (Loss)

Q4 2010

Net

Revenues

Q4 2010

Operating

Income (Loss)

 ACCI (a)

880

53

981

70

1,107

134

 AMM (a)

638

113

721

143

786

192

 PDP

253

16

316

33

366

63

 Wireless (b)

409

(211)

412

(215)

562

(136)

 Others (c)(d)

11

(103)

12

(54)

12

(40)

 TOTAL

2,191

(132)

2,442

(23)

2,833

213


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