STMicroelectronics reported financial results for the fourth quarter and year ended December 31, 2007. Net revenues for the fourth quarter increased 6.9% sequentially to $2.74 billion from the $2.57 billion reported in the prior quarter. Net revenues for the full year were $10.0 billion, an increase of 1.5% compared to 2006 net revenues of $9.9 billion. For the 2007 fourth quarter, the Company reported a net income of $20 million. In the year-ago quarter, the Company reported net income of $276 million. The full year net loss was $477 million, compared to net income of $782 million, in 2006.