STMicroelectronics CEO says 5,000 jobs to be cut in next 3 yearsAround 2,000 employees will leave the the Franco-Italian chipmaker due to attrition, bringing the total count with voluntary departures to ...
04 Jun, 2025, 06.56 PM IST
Italian top government official seen joining STMicroelectronics supervisory boardThe proposed nomination, which once formalised must be ratified by the STMicroelectronics supervisory board and by the shareholders in a ge...
28 Mar, 2025, 03.52 PM IST
STMicroelectronics cuts full-year outlook for second timeSTMicroelectronics, whose clients include Tesla and Apple, said it expects revenue of $13.2 billion to $13.7 billion for 2024, down from a ...
25 Jul, 2024, 12.14 PM IST
STMicroelectronics posts higher Q2 sales helped by automotive demandSTM said it expects third-quarter net revenues of $4.38 billion, a touch above the $4.32 billion it posted in the third quarter last year. ...
27 Jul, 2023, 02.17 PM IST
France to provide €2.9 billion in aid for new STMicro/GlobalFoundries factoryThe 2.9 billion euros are part of the 5.5 billion euros package France has set aside for its investments in the microchip sector by 2030.
05 Jun, 2023, 07.03 PM IST
Vedanta-Foxconn's chip making ambitions have hit a speed bumpDeal stalled over technology transfer, duration of partnership and investment issues
13 Apr, 2023, 08.00 AM IST
Foxconn, Vedanta plan tech tie-up with STM for India semiconductor manufacturing unitFoxconn will continue to be the lead partner in the joint venture that was announced last February. "The government is bullish on Foxconn, ...
04 Feb, 2023, 09.35 AM IST
Foxconn, Vedanta plan tech tie-up with STM for semiconductor manufacturing unit in IndiaThe Vedanta-Foxconn consortium is one of the five applicants seeking government incentives under a $10-billion package announced in Decembe...
04 Feb, 2023, 07.09 AM IST
STMicroelectronics and GlobalFoundries confirm major new France investmentSTMicroelectronics and GlobalFoundries said the new French site comprised a projected multi-billion euro collaborative investment that incl...
11 Jul, 2022, 12.57 PM IST
European stocks open higher after upbeat H&M, STMicro resultsH&M rose 5.6% as it reported a third-quarter profit above analysts' expectations and said sales continued to recover in September. The reta...
01 Oct, 2020, 01.48 PM IST
Den selects STMicroelectronics chip for its set top boxesSTiH273(Palma) HD cable chipset, selected by Den Network would deliver high-definition content which would be almost five times better in v...
17 Jun, 2014, 03.17 PM IST
Cabinet approves 2 semiconductor units worth Rs 63,410 croreThe Cabinet has approved two electronic chip manufacturing plants in the country to be set up by two groups, with players such as STMicroel...
14 Feb, 2014, 08.04 PM IST
Cabinet approves setting up of two semiconductor fabrication unitsWith an eye on stronger local electronic manufacturing, govt has approved plans for setting up two semiconductor fabrication units in the c...
13 Sep, 2013, 10.35 AM IST
IBM and STMicroelectronics look to invest Rs 50,000 cr in chip-making in IndiaIndia is set to get its first chip-making facility with the two global players in advanced stages of talks with the govt for an investment ...
08 Aug, 2013, 03.06 AM IST
ST-Ericsson to lay off 600 staff worldwideST-Ericsson plans to cut around 600 jobs worldwide as part of a move.
03 Dec, 2009, 01.20 PM IST
- STMicro, Ericsson in tie-up for semi-conductors, mobile platforms
French-Italian group STMicroelectronics and Sweden's Ericsson announced Wednesday a 50-50 joint venture merging their semi-conductor and mo...
20 Aug, 2008, 07.30 PM IST
- ST Micro to shut tho cut cost
STMicroelectronics announced that as part of its decision to deconsolidate its Flash memory businesclose down three of its manufacturing op...
11 Jul, 2007, 05.45 PM IST