Tag: STMicroelectronics

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Zain Group acquires full ownership of IHS Kuwait

Zain Group has announced a definitive agreement to acquire...

Intel appoints interim Co-CEOs as Pat Gelsinger resigned

Intel has announced the appointment of David Zinsner and...

Who’s Benedicte Schilbred Fasmer, the new CEO of Telenor?

Benedicte Schilbred Fasmer is the new CEO (Chief Executive...

Telia CEO Patrik Hofbauer reveals new strategies

Telia CEO Patrik Hofbauer today announced its decentralized country-led...

France offers $3.1 bn aid for semiconductor factory of STMicroelectronics and GlobalFoundries

France will provide 2.9 billion euros ($3.10 billion) in aid to help support an investment of 7.5 billion euros that chipmakers STMicroelectronics and GlobalFoundries...

STMicroelectronics revenue jumps 20% to $4.25 bn in first-quarter

STMicroelectronics, a global semiconductor company, has reported revenues of $4.25 billion (+19.8 percent), gross margin of 49.7 percent, operating margin of 28.3 percent, and net...

STMicroelectronics to supply silicon carbide devices to ZF

ZF, a provider of electrification solutions in the automotive industry, will procure silicon carbide devices from STMicroelectronics, a major semiconductor manufacturer. This partnership will allow...

STMicroelectronics plans hike in Capex to $4 bn

STMicroelectronics, one of the world’s largest semiconductor companies, said it is planning Capex of $4 billion in 2023, primarily to increase manufacturing capacity, as...

STMicroelectronics targets 26% growth in revenue to $16 bn

Chipmaker STMicroelectronics reported third quarter revenues of $4.32 billion (+35.2 percent), gross margin of 47.6 percent, operating margin of 29.4 percent, and net income...

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Intel appoints interim Co-CEOs as Pat Gelsinger resigned

Intel has announced the appointment of David Zinsner and...

Who’s Benedicte Schilbred Fasmer, the new CEO of Telenor?

Benedicte Schilbred Fasmer is the new CEO (Chief Executive...

Telia CEO Patrik Hofbauer reveals new strategies

Telia CEO Patrik Hofbauer today announced its decentralized country-led...

MTN extends CEO Ralph Mupita’s contract to 2030

MTN Group has announced the extension of President and...
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