Tag: STMicroelectronics
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STMicroelectronics lowers revenue guidance as automotive clients halt purchases
STMicroelectronics has reported first-quarter revenues of $3.47 billion (down 18.4 percent), gross margin of 41.7 percent, operating margin of 15.9 percent, and net income...
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...
