Tag: STMicroelectronics

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Main facts about global semiconductor market in 2024 and 2025

The World Semiconductor Trade Statistics (WSTS) organization has revealed...

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...

STMicroelectronics Sales Dip 3.2% to $4.28 bn in Fourth Quarter 2023

STMicroelectronics, a global semiconductor leader, has posted revenues of $4.28 billion (down 3.2 percent), with a gross margin of 45.5 percent, operating margin of...

STMicroelectronics Unveils New Organizational Structure for Enhanced Innovation and Market Focus

STMicroelectronics (STM), a semiconductor leader catering to diverse electronics applications, has declared a forthcoming reorganization set to take effect on February 5th, 2024. The reorganization...

STMicroelectronics Posts Strong Q3 2023 Results Despite Mixed Performance Across Segments

STMicroelectronics, a global semiconductor leader, reported robust revenues of $4.43 billion for the third quarter ending on September 30, 2023. This figure represents a...

STMicroelectronics posts strong revenue driven by automotive and industrial growth

European chipmaker STMicroelectronics has announced a significant 12.7 percent increase in its second-quarter revenue, reaching $4.33 billion. The boost in revenue was primarily attributed...

STMicroelectronics and Sanan plan $3.2 bn JV in China

Semiconductor supplier STMicroelectronics and Sanan Optoelectronics plan a joint venture to set up a silicon carbide manufacturing joint venture in Chongqing, China. The cost of the venture...

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