STMicroelectronics

OBITUARY

Semiconductor pioneer and long-time STMicroelectronics chief Pasquale Pistorio dies at 89

He led the company from its creation until 2005; for his contributions to Singapore’s semiconductor and manufacturing sectors, he was named an Honorary Citizen in 2003

The deal will expand STMicro’s portfolio of Mems sensors, which includes automotive safety products as well as sensors for industrial applications.

STMicro to acquire part of NXP Semiconductors’ sensor business for US$950 million

Purchase price consists of US$900 million to be paid upfront, and US$50 million to be paid subject to the achievement of technical milestones

STMicro, in which the Italian and French governments own a combined 27.5 per cent share through a holding company, employs 50,000 people worldwide.

STMicro to cut 5,000 jobs in next 3 years, says CEO

Around 2,000 employees will leave the Franco-Italian chipmaker due to attrition

Minister Chan with students from Care Corner Student Care Centres who performed at the Care Corner Uplift for Life Gala Dinner 2024.
TAKING HEART

UOL, Vallianz, STMicroelectronics commit S$700,000 to help special needs children, elderly at Care Corner 

The three-year partnerships will use metrics including academic progress, developmental milestones to gauge success

ESIA said chip policy under the incoming EU Commission should feature fewer export restrictions, focus on areas where European companies already had advantages, and that aid should be awarded more quickly.

Semiconductor body calls for EU ‘Chips Envoy’, more support

EUROPE’S main computer chip industry group ESIA called on the European Union on Monday (Sep 2) to speed up aid, draw up a revamped “Chips Act 2.0” support package and name an envoy to champion the sec...

China is both the largest producer and the world’s biggest market for EVs, yet the manufacturers mostly rely on foreign companies for the multiple chips that modern high-end cars require.

Europe’s auto chipmakers have a deepening China habit

AS ADVANCED semiconductor companies in the US and allied countries pull back from China, a less glamorous sector of the chip market is turning even more to the world’s second-biggest economy.

STMIcroelectronics' revenue for the second quarter came in at US$3.32 billion versus US$3.2 billion expected by analysts.

STMicro cuts full-year outlook for second time, shares tumble

CHIPMAKER STMicroelectronics (STMicro) cut its full-year revenue and margins guidance for a second time on weak industrial orders and lower demand for automotive chips, sending its shares sharply lowe...

STMicroelectronics views being in the Chinese market for electric vehicles, digital power controls, and renewable energy as essential.

STMicroelectronics CEO says China is a growth market despite US chip war

CHINA remains an important growth market for French-Italian semiconductor STMicroelectronics (STM), despite increasing US-China tensions over semiconductors, the company’s chief executive said on Tues...

STMicroelectronics says it expects fourth quarter sales to fall about 3 per cent year on year to US$4.30 billion.

STMicroelectronics beats third quarter sales forecasts

EUROPEAN chipmaker STMicroelectronics beat expectations on Thursday (Oct 26) for third quarter sales, helped by demand from the automotive sector.

STMicro’s Automotive and Discrete unit, which is its largest, continued to perform well, with revenue up 34 per cent to US$1.96 billion last quarter, beating estimates.

STMicro boosts quarterly revenue as auto demand drives sales

STMICROELECTRONICS revenue in the second quarter rose 13 per cent from a year earlier, slightly beating expectations, as demand from the auto industry drove sales.