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...Chery said STMicroelectronics’ full-year revenue growth would stand at about $16.1bn, representing a 26.2 per cent increase, which is in line with the company’s previous estimate....
...It is a significant milestone for STMicroelectronics to reach 40 per cent internal substrate sourcing by 2024, the company said....
...“[China] is about 30 per cent of our total revenue, and this is the market we do not want to escape, we want to continue to support,” said Jean-Marc Chery, STMicroelectronics chief executive....
...President Emmanuel Macron will visit the STMicroelectronics site where the factory will be built in south-eastern France near Grenoble on Tuesday....
...Vigna, who joined last September from chipmaker STMicroelectronics, said there is a “misconception that doing an electric car requires a lot of” spending....
...Vigna went on to a stellar career in technology with STMicroelectronics, a Geneva manufacturer — during which he invented the motion sensor at the heart of the Nintendo Wii console and Apple’s iPhone 4....
...Chief executive Benedetto Vigna, who joined the group from STMicroelectronics, is planning to unveil a new strategy in June, which will include a pathway to becoming fully carbon-neutral by 2030....
...Vigna had previously spent more than two decades at STMicroelectronics, the French-Italian chipmaker that is one of Apple’s key suppliers....
...Vigna has been at STMicroelectronics since 1995, founding the division he leads, which is now the same size in revenues and employees as Ferrari....
...But physicist Vigna cut his teeth at chipmaker STMicroelectronics, building the company’s sensor business into its biggest and most profitable division....
...For STMicroelectronics it is closer to 30 per cent, said Chéry....
...STMicroelectronics capped a strong year with above expectation results and confirmed a succession plan for the chipmaker's chief executive....
...Chipmaker STMicroelectronics saw its shares jump more than 6.5 per cent in Paris after raising its year-end outlook and seeing profits triple in the third quarter....
...Still, it received at least a short-term lift on Monday, with AMS’ optimism also boosting shares in Dialog and STMicroelectronics, which climbed 5 per cent and 3.7 per cent respectively....
...STMicroelectronics climbed 1.5 per cent, bringing its monthly gain to 22 per cent. The biggest beneficiary on the day was Dialog Semiconductor, which rose 3 per cent....
...A series of bullish updates from Apple over the last fortnight have also driven sharp increases in the shares of companies including AMS and STMicroelectronics in Europe, and Asian suppliers such as Largan...
...Shares in STMicroelectronics, meanwhile, hit their highest level since 2004, rising 2.9 per cent....
...The solution devised by the duo who work at Franco-Italian chipmaker STMicroelectronics, was simple....
...Now shareholders in STMicroelectronics can sympathise. Shares in the Italian-French semiconductor maker have rallied 70 per cent since October last year....
...Shares in STMicroelectronics, the Franco-Italian group, rose 2.1 per cent to €7.34 after JPMorgan named it as a key pick in the sector as it was beginning to benefit from cost cuts and the improving business...
...Europe’s biggest chipmaker by sales sounded cautiously optimistic on the global semiconductor industry, as STMicroelectronics reported solid revenues and bookings in the first quarter....
Rare European leadership in making semiconductors
...This 50:50 mobile chip joint venture between Ericsson and STMicroelectronics has been consistently lossmaking since it was formed in 2009, clocking up an operating deficit of $800m on sales of $1.4bn in...
...STMicroelectronics said its revenues rose 0.4 per cent to $2bn and losses narrowed from $352m in the first quarter of 2012 to $281m. Its shares jumped 15.6 per cent €6.40....
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