Third quarter net revenues of $2.14 billion, up 11.1% sequentially and 18.9% year-over-year

ST re-entered the CAC 40 Euronext Paris Index

Continued strong momentum of Chorus automotive-microcontroller family growth with multiple wins in Body and Gateway applications at leading European and Chinese Tier1s as well as for an on-board charger application at a major Japanese Tier1 and an ignition system at a leading European Tier1;

Recorded an important win for an ASIC and an ASSP in an ultrasonic-sensor interface application with a top Japanese Tier1;

Registered a big win with an ASSP product tailored for an engine management system in motorcycles from a leading Chinese Tier1;

Won an ASIC socket for a hydrostatic braking system at a Japanese leading supplier;

Landed sockets in a premium sound system with our Class AB and Class D amplifiers for a high-end car maker;

Captured an important design win with a series of high-side drivers in M07 technology for a heating, ventilation, and air-conditioning system from a key European Tier1;

Gained several design wins with 650V and 1200V SiC MOSFETs from an important car maker and a German supplier;

Won an award for an intelligent power module from a leading Chinese air conditioner supplier;

Landed multiple design-wins for new 1200V SiC diodes in electrical-vehicle charger platforms from leading Chinese and American suppliers;

Enlarged the range of ESD diodes housed in 0201 chip-scale packages and landed design wins in the US and China;

Captured a win for our last generation of HDMI port interfaces at a game-station market leader.

Ramped production of barometric pressure sensor for new water-resistant Samsung Gear Fit 2 Pro and, for Samsung Note 8, of 6-axis ultra-low-power MEMS inertial measurement unit, optical-image-stabilization gyroscope, barometric pressure sensor, and multifunctional protection switch;

Captured multiple design wins with touchscreen controller in mobile phones for China with Korean and Chinese AMOLED display makers;

Ramped power-management ICs for AMOLED displays for many smartphone manufacturers;

Awarded additional business in Eastern Europe and China with newest STCOMET powerline modem SoC in a smart metering application;

Named to Top Ten Power Award by Electronic Product China for innovative STSPIN32Fx motion-control SoC platform and Recognized with “Best of Industry” award for smart-metering solutions based on powerline communication SoC during Electronica India 2017 event;

Continued expansion into mass market through success of ViperPLUS family winning sockets globally in applications including home appliances and metering;

Qualified a smart meter from a major EMEA manufacturer to start validation in a top European utility company and was selected as a technical partner by E-Distribuzione for its New Smart-Meter Platform;

Won numerous sockets globally switching regulators and DC/DC converters in a broad range of Automotive and Industrial applications;

Captured wins for precision op amps in a range of applications including wearable, home, and building automation;

Began volume shipments of accurate pressure sensor for vacuum cleaner applications to a market leader;

Maintained momentum in mobile phone market for 6-axis ultra-low-power inertial measurement units with wins of multiple sockets at key players in China;

Announced a modular Power-Line Communication (PLC) modem chipset that delivers more flexibility to manufacturers of utility meters, smart-grid nodes, streetlamps, and home and industrial controllers. Three top smart-meter manufacturers are already designing solutions based on this new platform;

Introduced software kit for Bluetooth® Mesh Networking to accelerate development of connected smart-lighting and automation products;

Launched 300mA, very low quiescent current low-dropout regulator for smartphone and portable applications.

Gained adoption of STM32L in kit with LoRA™ radio connectivity by a key home automation OEM for next-generation home controls;

Began ramping production of an STM32L0 for a high-volume consumer application at a top manufacturer;

Secured STM32L4 for finger-print modules with a major PC OEM;

Earned design wins for STM32F4 in shared connected bike models in China;

Announced the integration of our contactless NFC technology with MediaTek’s mobile platforms;

Qualified the ST32H480, based on latest embedded e-STM 40nm technology at several South American Telecom operators for secure SIM application;

Started ramping production of ST25 automotive NFC reader for a key electric vehicle manufacturer;

Designed in ST25R NFC reader for the first major roll out of NFC-enabled smart furniture with a key household name;

Awarded a digital ASIC design in 16nm FinFET technology from a leading networking infrastructure solution provider;

Captured a design-win for an Optical IC in 55nm BiCMOS process technology for application in 100G and 200G web-scale datacenters;

Began volume ramp of an ASIC in RF-SOI technology for application into a new high-end smartphone from a Chinese manufacturer.

Uncertain macro-economic and industry trends, which may impact end-market demand for our products;

Customer demand that differs from projections;

The ability to design, manufacture and sell innovative products in a rapidly changing technological environment;

Unanticipated events or circumstances, which may impact our ability to execute the planned reductions in our net operating expenses and / or meet the objectives of our R&D Programs, which benefit from public funding;

Changes in economic, social, labor, political, or infrastructure conditions in the locations where we, our customers, or our suppliers operate, including as a result of macro-economic or regional events, military conflicts, social unrest, labor actions, or terrorist activities;

The Brexit vote and the perceptions as to the impact of the withdrawal of the U.K. may adversely affect business activity, political stability and economic conditions in the U.K., the Eurozone, the EU and elsewhere. While we do not have material operations in the U.K. and have not experienced any material impact from Brexit on our underlying business to date, we cannot predict its future implications;

Financial difficulties with any of our major distributors or significant curtailment of purchases by key customers;

The loading, product mix, and manufacturing performance of our production facilities;

The functionalities and performance of our IT systems, which support our critical operational activities including manufacturing, finance and sales, and any breaches of our IT systems or those of our customers or suppliers;

Variations in the foreign exchange markets and, more particularly, the U.S. dollar exchange rate as compared to the Euro and the other major currencies we use for our operations;

The impact of intellectual property (“IP”) claims by our competitors or other third parties, and our ability to obtain required licenses on reasonable terms and conditions;

The ability to successfully restructure underperforming business lines and associated restructuring charges and cost savings that differ in amount or timing from our estimates;

Changes in our overall tax position as a result of changes in tax laws, the outcome of tax audits or changes in international tax treaties which may impact our results of operations as well as our ability to accurately estimate tax credits, benefits, deductions and provisions and to realize deferred tax assets;

The outcome of ongoing litigation as well as the impact of any new litigation to which we may become a defendant;

Product liability or warranty claims, claims based on epidemic or delivery failure, or other claims relating to our products,  or recalls by our customers for products containing our parts;

Natural events such as severe weather, earthquakes, tsunamis, volcano eruptions or other acts of nature, health risks and epidemics in locations where we, our customers or our suppliers operate;

Availability and costs of raw materials, utilities, third-party manufacturing services and technology, or other supplies required by our operations;

Industry changes resulting from vertical and horizontal consolidation among our suppliers, competitors, and customers; and

The ability to successfully ramp up new programs that could be impacted by factors beyond our control, including the availability of critical third party components and performance of subcontractors in line with our expectations.

Net revenues of “Others” includes revenues from sales of Imaging Product Division, Subsystems, assembly services, and other revenue. Operating income (loss) of “Others” includes items such as unused capacity charges, impairment, restructuring charges and other related closure costs, phase out and start-up costs, and other unallocated expenses such as: strategic or special research and development programs, certain corporate-level operating expenses, patent claims and litigations, and other costs that are not allocated to product groups, as well as operating earnings of the Imaging Product Division, Subsystems and other products. “Others” includes $1 million, $1 million, $1 million, $11 million, $8 million and $10 million of unused capacity charges in the third, second and first quarters of 2017 and 2016, respectively; and $14 million, $6 million, $5 million, $29 million, $12 million and $28 million of impairment, restructuring charges, and other related closure costs in the third, second and first quarters of 2017 and 2016, respectively.