Franco-Italian chipmaker STMicro reports Q4 revenue down 3.2% YoY to $4.28B, meeting est., and expects Q1 revenue to fall 15% YoY to $3.6B, below $4.1B est. (Jillian Deutsch/Bloomberg)

Jillian Deutsch / Bloomberg:
Franco-Italian chipmaker STMicro reports Q4 revenue down 3.2% YoY to $4.28B, meeting est., and expects Q1 revenue to fall 15% YoY to $3.6B, below $4.1B est.  —  - Revenue in the first quarter is seen falling 15% year-on-year  — Company said demand from industrial sector fell last quarter