Thursday, October 26, 2017

ST Reports Imaging Revenue Growth

SeekingAlpha publishes ST Q3 2017 earnings call transcript. Few quotes on the image sensor business:

"Let's move now to our Imaging Product Division, which we report in Others. Imaging registered very strong sequential revenue growth, reflecting the initial ramp in wireless applications of ST's new program, including the company's Time-of-Flight and new specialized imaging technologies. Other revenues more than doubled in the third quarter.

...we can confirm that based on current visibility, ...the Imaging division anticipate sequential revenues growth from the third into the fourth quarter and anticipate a double-digit year-over-year growth in the fourth quarter in respect to the fourth quarter of the prior year.

...we target the LIDAR device, which are really a key enabling component of the overall smart driving application. And our technology is really a key competitive factor for us to target this kind of LIDAR activity definitively.

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