STMicroelectronics (STMPA FP) CEO says must decide by year-end on further expansion at its Crolles fab
Newsquawk Staff ·
- Additional Crolles expansion is most likely and that existing infrastructure already supports the silicon photonics business for 2026, 2027 and the start of 2028
- Newsquawk Daily Asia-Pac Opening News - 23rd October 2026
- L'Oreal (OR FP) CEO says China market slowed a tiny bit in Q3 but maintained growth rate, favoured by dynamic premium segment
- Kering (KER FP) says traffic remains the main constraint; fashion and leather goods retail sales fell 4% comp., a sequential slowdown reflecting a more challenging environment, less support from Gucci and lower summer traffic, especially in mainland China
- L'Oreal (OR FP) Q3 2026 (EUR): Sales 11.56bln (exp. 11.23bln), Adj. LFL revenue +7.7% (exp. +5.43%); 2026 outlook: sees another year of growth in sales and profit
- China is seeking R&D and supply chain cooperation with Airbus (AIR FP)
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