STMicroelectronics

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

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

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

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...

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.

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...

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...

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

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.