Stmicroelectronics enters into business with Huawei. The Italian-French chipmaker has in fact signed a $ 500 million contract with the Chinese technological giant for the supply of components. The order, which will last five years, was signed on the occasion of Chinese Premier Li Keqiang's visit to Toulouse. Judging by the weak performance of Stm shares both in Piazza Affari and on the Paris Stock Exchange, the order did not warm up investors that much.
Stmicroelectronics, half a billion deal with Huawei
The order, which will last five years (2015-2020), was signed on the occasion of the visit to Toulouse by Chinese Premier Li Keqiang.
FIRSTonline editorial team
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Rome, and by an innovative and effective team of innovation and web managers.
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