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SG&A expenses were $249 million in the fourth quarter decreasing $4 million or 1.5% on a sequential basismainly due to ongoing cost reduction initiatives partially offset bythe unfavorable seasona
Fourth quarter financial results in line with expectations Fourth quarter net revenues $2.01 billion, up 3.9% year-over-year excluding ST-Ericsson Positive free cash flow of $91 million in the fourth quarter* New