1 stmicroelectronics reports 2005 second quarter first half revenues and earnings geneva july 26 nyse stm reported financial results for the six months ended 2 revenue gross profit margin review net were 162 million up 3 8 sequentially from 083 in prior 0 4 below 172 last year s sequential sales growth was primarily driven by wireless automotive applications several experienced double digit over including with data storage experiencing strong compared to of 2004 these increases offset declines consumer distribution market increased 714 685 despite continuing price pressure memory standard products volume manufacturing performance drove improvement 33 32 9 operating expenses research development 423
