STMicro's imaging business provided the stand out performance, sales more than doubling in the last three months to $158 million. If confirmed it would mark the first time that STMicro has recorded solid double-digit growth since 2010. The company generated double-digit sales growth across all four of its business lines compared to the year-ago quarter. "European players STMicro and Infineon are being dwarfed", said an STMicro minority investor, who did not want to be identified. Net profit attributable to the parent company more than tripled to $236 million from $71.0 million in the year-ago quarter.

Source: Times of India October 26, 2017 10:18 UTC