Page 146 - Stmicroelectronics News Today

MARKET WRAPS Stocks: European stocks suffered minor losses on Wednesday, as a bigger-than-expected drop in Chinese exports weighed on sentiment. Data released earlier showed China's exports fell 7.5% from a year ago in May, far outpacing th... | 05:42am

The new joint venture underscores China’s efforts to remain strong in ‘legacy semiconductors’ amid US trade sanctions that restrict the mainland’s access to advanced integrated circuits and chip-making equipment.

1333 GMT STMicroelectronics is among the most mentioned companies across news items over the past six hours after news that the company plans to create a semiconductor-manufacturing joint venture... | June 7, 2023

Our selection of industry specific magazines cover a large range of topics.

SOITEC REPORTS FULL-YEAR RESULTS OF FISCAL YEAR 2023 Revenue reached €1.1bn, up 26% on a reported basis and up 19% at constant exchange rates and perimeterEBITDA1 margin2 reached 36% of... | June 7, 2023

Major European markets closed on a slightly weak note on Wednesday amid concerns about economic slowdown and prospects of further interest rate hikes by central banks.

Major European markets closed on a slightly weak note on Wednesday amid concerns about economic slowdown and prospects of further interest rate hikes by central banks.

"In future, we no longer want to sell just our manufacturers’ products," said Slobodan Puljarevic, president and CEO of EBV Elektronik, at Electronica this week

French Economy Minister Bruno Le Maire signed an agreement to set up a new semiconductor factory in France with STMicroelectronics and GlobalFoundries CEOs, supported by €2.9 billion of public money.

GlobalFoundries and STMicroelectronics have announced the successful conclusion of their agreement to establish a jointly-operated, high-volume semiconductor manufacturing facility in Crolles, France. The agreement was initially announced on July 11, 2022.