so it means that the the loss that ST is making is temporary and the future looks bright. But sensors are used in all kind of smartphone (lowend and highend) and tablets. So, the overall sentiments should be good even in today's conditions. I think we are missing something that should explain the loss that ST incurred.
Well if we care to dive into the operating losses it turns out that the Sensors, Power semiconductors and Automotive business (Good ST) made an operating profit of $42 million while the Embedded Processing segement (Bad ST) made an operating loss of $106 million.
A column called Others covering subsystems, assembly services and impairments for capacity underutlization, restructuring charges and other related closure costs and otherwise unassigned corporate costs made an operating loss of $43 million.
Overall result an operating loss of $107 million.
Generally these numbers are coming down over time but the cost of getting out of ST-Ericsson will continue for another quarter or two.