Notice: Trying to access array offset on value of type bool in /home/xtreme/public_html/wp-content/plugins/buddypress/bp-core/bp-core-avatars.php on line 1672

Notice: Trying to access array offset on value of type bool in /home/xtreme/public_html/wp-content/plugins/buddypress/bp-core/bp-core-avatars.php on line 1672
STMicroelectronics – XtremeCuztoms

Tag: STMicroelectronics

Volkswagen to Develop New Semiconductor With STMicro Amid Chip Crunch

PARIS/BERLIN—Germany’s Volkswagen and Franco-Italian chipmaker STMicroelectronics will co-develop a new semiconductor amid a global microchip crunch that has strained the car industry’s supply chain, the companies said on Wednesday. The move illustrates how Volkswagen, Europe’s biggest carmaker, is striving to gain greater control over the supply of chips. It is Volkswagen’s first direct relationship with…


STMicroelectronics Tops Q4 Consensus; Issues Positive Q1 Outlook

STMicroelectronics NV reported fourth-quarter FY21 revenue growth of 9.9 percent year-on-year to $3.56 billion, beating the consensus of $3.46 billion. Sales to OEMs remain unchanged, and Distribution sales improved 38.7 percent Y/Y. Automotive and Discrete Group (ADG) revenue rose 28.6 percent Y/Y to $1.23 billion. Analog, MEMS, and Sensors Group (AMS) revenue declined 11.2 percent Y/Y…