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Stock impact report

STMicroelectronics: Intriguing Apple Supplier Play [Seeking Alpha]

STMicroelectronics N.V. (STM) 
Last stmicroelectronics n.v. earnings: 4/22 01:00 am Check Earnings Report
US:NYSE Investor Relations: investors.st.com
Company Research Source: Seeking Alpha
Summary There are always investors who want to take advantage of Apple's ( AAPL ) success, but they may already have plenty of the stock in their portfolio. The next best thing is usually to purchase key Apple suppliers. Today, I want to examine one of the lesser known names, STMicroelectronics ( STM ), which may be an interesting opportunity ahead of this year's Apple fall launch cycle. STM became an interesting name to watch last year because it supplied the infrared camera for FaceID in the iPhone X, according to a major teardown . This year, expectations are that Apple will have two OLED iPhone devices, so it is possible that both will have FaceID. It's unclear at this point if the budget LCD screen device will have it as well, depending on how Apple wants to price that model. We also have seen multiple rumors that the technology will be expanding to the iPad line , perhaps only the Pro models at first but maybe later increasing to other models. The company isn't Show less Read more
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