STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and markets semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The Automotive and Discrete Group segment offers automotive integrated circuits (ICs); and discrete and power transistor products. The Analog, MEMS and Sensors Group segment provides industrial application-specific integrated circuits (ASICs) and application-specific standard products (ASSPs); general purpose analog products; custom analog ICs; wireless charging solutions; galvanic isolated gate drivers; low and high voltage amplifiers, comparators, and current-sense amplifiers; MasterGaN, a solution that integrates a silicon driver and GaN power transistors in a single package; wireline and wireless connectivity ICs; touch screen controllers; micro-electro-mechanical systems (MEMS) products, including sensors or actuators; and optical sensing solutions. The Microcontrollers and Digital ICs Group segment offers general purpose and secure microcontrollers; radio frequency (RF) and electrically erasable programmable read-only memories; and RF, digital, and mixed-signal ASICs. It also provides assembly and other services. The company sells its products through distributors and retailers, as well as through sales representatives. STMicroelectronics N.V. was incorporated in 1987 and is headquartered in Geneva, Switzerland.
IPO Year:
Exchange: NYSE
Website: st.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/4/2024 | Equal-Weight → Underweight | Morgan Stanley | |
| 7/26/2024 | $50.00 → $40.00 | Buy | TD Cowen |
| 7/26/2024 | Overweight → Equal-Weight | Morgan Stanley | |
| 6/18/2024 | $35.50 → $45.80 | Sell → Neutral | Goldman |
| 4/23/2024 | Hold → Buy | Berenberg | |
| 2/22/2024 | Buy | HSBC Securities | |
| 1/25/2024 | $50.00 → $48.00 | Buy | Craig Hallum |
| 12/15/2023 | Neutral → Buy | UBS | |
| 11/1/2023 | Equal-Weight → Overweight | Morgan Stanley | |
| 10/31/2023 | $50.00 → $35.00 | Outperform → Neutral | Robert W. Baird |
PR No: C3296C STMicroelectronics Outlines 2027-2028 Financial Model and Path Towards 2030 Ambition Setting an intermediate financial model: ~$18B revenues and 22-24% operating margin in 2027-2028 Reiterating $20B+ revenue ambition and associated financial model, now expected to be reached by 2030 Geneva, November 20, 2024 - STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is hosting today its Capital Markets Day in Paris, France. Within the framework of an unchanged strategy, ST is reiterating its $20 billion plus revenue ambition and associated financial model, that it now expects to be reached by 2030. ST is
STMicroelectronics Announces Status ofCommon Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Nov 11, 2024 to Nov 15, 2024 AMSTERDAM – November 18, 2024 -- STMicroelectronics N.V. (the "Company" or "STMicroelectronics"), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the "Program") disclosed via a press release dated June 21, 2024. The Program was approved by a shareholder resolution dated May 22, 2024 and by the supervisory board. STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) announ
STMicroelectronics Announces Status ofCommon Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Nov 04, 2024 to Nov 08, 2024 AMSTERDAM – November 11, 2024 -- STMicroelectronics N.V. (the "Company" or "STMicroelectronics"), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the "Program") disclosed via a press release dated June 21, 2024. The Program was approved by a shareholder resolution dated May 22, 2024 and by the supervisory board. STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) announ
STMicroelectronics and ENGIE sign long-term agreement for the supply of electricity produced from renewable sources in Malaysia 21-year contract for energy produced by a new solar farm in Malaysia, where ST operates a large-volume test & assembly site.PPA will support the 2027 carbon neutrality and 100% renewable energy sourcing targets of ST. Geneva (Switzerland) and Kuala Lumpur (Malaysia) – November 7, 2024 -- STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today a 21-year Power Purchase Agreement (PPA) with BKH Solar Sdn Bhd, an entity jointly established by ENGIE Renewable SEA Pte Ltd (ENGIE), a
STMicroelectronics Announces Status ofCommon Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Oct 28, 2024 to Nov 01, 2024 AMSTERDAM – November 4, 2024 -- STMicroelectronics N.V. (the "Company" or "STMicroelectronics"), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the "Program") disclosed via a press release dated June 21, 2024. The Program was approved by a shareholder resolution dated May 22, 2024 and by the supervisory board. STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) announc
PR No: C3290C STMicroelectronics Reports 2024 Third Quarter Financial Results Q3 net revenues $3.25 billion; gross margin 37.8%; operating margin 11.7%; net income $351 millionYTD net revenues $9.95 billion; gross margin 39.9%; operating margin 13.1%; net income $1.22 billionBusiness outlook at mid-point: Q4 net revenues of $3.32 billion and gross margin of 38%Launch of a new company-wide program to reshape our manufacturing footprint accelerating our wafer fab capacity to 300mm Silicon and 200mm Silicon Carbide and resizing our global cost base Geneva, October 31, 2024 – STMicroelectronics N.V. ("ST") (NYSE:STM), a global semiconductor leader serving customers acr
STMicroelectronics' innovative biosensing technology enables next-generation wearables for individual healthcare and fitness Highly integrated biosensor device combines input channel for cardio and neurological sensing with motion tracking and embedded AI core Demonstration to take place at Electronica 2024, Munich, November 12-15 Geneva, Switzerland, October 28, 2024 – STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, has introduced a new bio-sensing chip for the next generations of healthcare wearables like smart watches, sports bands, connected rings, or smart glasses. The ST1VAFE3BX chip combines a high-accu
STMicroelectronics Announces Status ofCommon Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Oct 21, 2024 to Oct 25, 2024 AMSTERDAM – October 28, 2024 -- STMicroelectronics N.V. (the "Company" or "STMicroelectronics"), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the "Program") disclosed via a press release dated June 21, 2024. The Program was approved by a shareholder resolution dated May 22, 2024 and by the supervisory board. STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) announc
STMicroelectronics Announces Status ofCommon Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Oct 14, 2024 to Oct 18, 2024 AMSTERDAM – October 21, 2024 -- STMicroelectronics N.V. (the "Company" or "STMicroelectronics"), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the "Program") disclosed via a press release dated June 21, 2024. The Program was approved by a shareholder resolution dated May 22, 2024 and by the supervisory board. STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) announc
STMicroelectronics Announces Status ofCommon Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Oct 07, 2024 to Oct 11, 2024 AMSTERDAM – October 14, 2024 -- STMicroelectronics N.V. (the "Company" or "STMicroelectronics"), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the "Program") disclosed via a press release dated June 21, 2024. The Program was approved by a shareholder resolution dated May 22, 2024 and by the supervisory board. STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) announc
6-K - STMicroelectronics N.V. (0000932787) (Filer)
6-K - STMicroelectronics N.V. (0000932787) (Filer)
6-K - STMicroelectronics N.V. (0000932787) (Filer)
6-K - STMicroelectronics N.V. (0000932787) (Filer)
6-K - STMicroelectronics N.V. (0000932787) (Filer)
6-K - STMicroelectronics N.V. (0000932787) (Filer)
6-K - STMicroelectronics N.V. (0000932787) (Filer)
6-K - STMicroelectronics N.V. (0000932787) (Filer)
6-K - STMicroelectronics N.V. (0000932787) (Filer)
6-K - STMicroelectronics N.V. (0000932787) (Filer)
Morgan Stanley downgraded STMicroelectronics from Equal-Weight to Underweight
TD Cowen reiterated coverage of STMicroelectronics with a rating of Buy and set a new price target of $40.00 from $50.00 previously
Morgan Stanley downgraded STMicroelectronics from Overweight to Equal-Weight
Goldman upgraded STMicroelectronics from Sell to Neutral and set a new price target of $45.80 from $35.50 previously
Berenberg upgraded STMicroelectronics from Hold to Buy
HSBC Securities initiated coverage of STMicroelectronics with a rating of Buy
Craig Hallum reiterated coverage of STMicroelectronics with a rating of Buy and set a new price target of $48.00 from $50.00 previously
UBS upgraded STMicroelectronics from Neutral to Buy
Morgan Stanley upgraded STMicroelectronics from Equal-Weight to Overweight
Robert W. Baird downgraded STMicroelectronics from Outperform to Neutral and set a new price target of $35.00 from $50.00 previously
SC 13G/A - STMicroelectronics N.V. (0000932787) (Subject)
U.S. stock futures were lower this morning, with the Nasdaq futures dipping around 0.5% on Thursday. Shares of Ford Motor Company (NYSE:F) fell sharply in today's pre-market trading following a second-quarter earnings miss. Ford reported second-quarter revenue of $47.8 billion, up 6% year-over-year. The revenue beat a Street consensus estimate of $44 billion according to data from Benzinga Pro. The company reported quarterly earnings per share of 47 cents, missing a Street consensus estimate of 68 cents. Ford Motor shares dipped 13% to $11.90 in the pre-market trading session. Here are some big stocks recording losses in today's pre-market trading session. Edwards Lifescience
STMicroelectronics NV (NYSE: STM) reported a fiscal second-quarter 2024 revenue decline of 25.3% year-on-year to $3.23 billion, beating the analyst consensus estimate of $3.20 billion. The Tesla Inc (NASDAQ:TSLA) and Apple Inc (NASDAQ:AAPL) supplier’s EPS of $0.38 beat the analyst consensus estimate of $0.36. Sales to OEMs decreased by 14.9% Y/Y, and Distribution sales fell by 43.7% Y/Y. Analog products, MEMS, and Sensors (AM&S) segment revenue declined 10.0% Y/Y to $1.17 billion, mainly due to a decrease in Imaging. Power and Discrete products (P&D) segment revenue decreased 24.4% Y/Y to $747 million. The microcontrollers (MCU) segment revenue decreased 46.0% year over y
Sentiment continues to be jittery, with the major index futures priming for a lower opening on Thursday as traders look ahead to the first read of second-quarter GDP data and more earnings. The tech space could once again drag the broader market after a few disappointing earnings reports from the likes of Franco-Italian chipmaker STMicroelectronics N.V. (NYSE:STM), which predominantly supplies to the automotive end market, and semiconductor test-equipment company Teradyne, Inc. (NASDAQ:TER). Traders may also stay glued to second-quarter GDP data to confirm the slowdown suggested by some recent data does not point to a hard landing. That said, bond yields are dipping as the market, factori
Business Outlook ST's guidance, at the mid-point, for the 2024 third quarter is: Net revenues are expected to be $3.25 billion, an increase of 0.6% sequentially, plus or minus 350 basis points. Gross margin of 38%, plus or minus 200 basis points. This outlook is based on an assumed effective currency exchange rate of approximately $1.07 = €1.00 for the 2024 third quarter and includes the impact of existing hedging contracts. The third quarter will close on September 28, 2024.
STMicroelectronics (NYSE:STM) reported quarterly earnings of $0.38 per share which missed the analyst consensus estimate of $0.44 by 13.64 percent. This is a 64.15 percent decrease over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $3.232 billion which beat the analyst consensus estimate of $3.202 billion by 0.94 percent. This is a 25.29 percent decrease over sales of $4.326 billion the same period last year.
U.S. stock futures were mixed this morning, with the Dow futures gaining around 20 points on Tuesday. Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) fell sharply in today's pre-market trading following mixed second-quarter earnings. NXP said second-quarter revenue decreased 5% year-over-year to $3.127 billion, beating analyst estimates of $3.125 billion. The company reported adjusted earnings of $3.20 per share, narrowly missing estimates of $3.21 per share, per Benzinga Pro. NXP said it expects third-quarter revenue to be in the range of $3.15 billion to $3.35 billion versus estimates of $3.35 billion. The company sees third-quarter adjusted earnings in the range of $3.21 to $3.63
About 14% of the S&P 500 companies have reported their June quarter earnings and the blended earnings growth rate for the companies constituting the broader index remains healthy. The coming week will see the official start of the tech reporting season, which could potentially decide the fate of the market, which has seen a steep pullback in the recent week. The Week That Was: The tech earnings season had a modest start last week with the earnings report from chip-equipment maker ASML Holding N.V. (NASDAQ:ASML). The stock slumped about 16%, dragged by its weak third-quarter outlook and geopolitical concerns surrounding the China chip ban. Netflix, Inc.’s (NASDAQ:NFLX) guidance disappointe
PR No: C3290C STMicroelectronics Reports 2024 Third Quarter Financial Results Q3 net revenues $3.25 billion; gross margin 37.8%; operating margin 11.7%; net income $351 millionYTD net revenues $9.95 billion; gross margin 39.9%; operating margin 13.1%; net income $1.22 billionBusiness outlook at mid-point: Q4 net revenues of $3.32 billion and gross margin of 38%Launch of a new company-wide program to reshape our manufacturing footprint accelerating our wafer fab capacity to 300mm Silicon and 200mm Silicon Carbide and resizing our global cost base Geneva, October 31, 2024 – STMicroelectronics N.V. ("ST") (NYSE:STM), a global semiconductor leader serving customers acr
STMicroelectronics Announces Timing for Third Quarter 2024 Earnings Release and Conference Call and Capital Markets Day Webcast Geneva – October 4, 2024 – STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it will release third quarter 2024 earnings before the opening of trading on the European Stock Exchanges on October 31, 2024. The press release will be available immediately after the release on the Company's website at www.st.com. STMicroelectronics will conduct a conference call with analysts, investors and reporters to discuss its third quarter 2024 financial results and current business outl
STMicroelectronics Reports 2024 Second Quarter Financial Results Q2 net revenues $3.23 billion; gross margin 40.1%; operating margin 11.6%; net income $353 millionH1 net revenues $6.70 billion; gross margin 40.9 %; operating margin 13.8%; net income $865 millionBusiness outlook at mid-point: Q3 net revenues of $3.25 billion and gross margin of 38% Geneva, July 25, 2024 – STMicroelectronics N.V. ("ST") (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the second quarter ended June 29, 2024. This press release also contains non-U.S. GAAP measures (see Appendix f
STMicroelectronics Announces Timing for Second Quarter 2024 Earnings Release and Conference Call Geneva – July 4, 2024 – STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it will release second quarter 2024 earnings before the opening of trading on the European Stock Exchanges on July 25, 2024. The press release will be available immediately after the release on the Company's website at www.st.com. STMicroelectronics will conduct a conference call with analysts, investors and reporters to discuss its second quarter 2024 financial results and current business outlook on July 25, 2024 at 9:30 a.
PR No: C3254C STMicroelectronics Reports 2024 First Quarter Financial Results Q1 net revenues $3.47 billion; gross margin 41.7%; operating margin 15.9%; net income $513 millionQ1 free cash flow1 $(134) million after Net Capex1 of $967 million Business outlook at mid-point: Q2 net revenues of $3.2 billion and gross margin of 40% Geneva, April 25, 2024 – STMicroelectronics N.V. ("ST") (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the first quarter ended March 30, 2024. This press release also contains non-U.S. GAAP meas
STMicroelectronics Announces Timing for First Quarter 2024 Earnings Release and Conference Call Geneva – April 4, 2024 – STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it will release first quarter 2024 earnings before the opening of trading on the European Stock Exchanges on April 25, 2024. The press release will be available immediately after the release on the Company's website at www.st.com. STMicroelectronics will conduct a conference call with analysts, investors and reporters to discuss its first quarter 2024 financial results and current business outlook on April 25, 2024 at 9:30 a.m.
PR No: C3230C STMicroelectronics Reports Q4 and FY 2023 Financial Results Q4 net revenues $4.28 billion; gross margin 45.5%; operating margin 23.9%; net income $1.08 billionFY net revenues $17.29 billion; gross margin 47.9%; operating margin 26.7%; net income $4.21 billionBusiness outlook at mid-point: Q1 net revenues of $3.6 billion and gross margin of 42.3% Geneva, January 25, 2024 – STMicroelectronics N.V. ("ST") (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the fourth quarter ended December 31, 2023.
STMicroelectronics Announces Timing for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Geneva – January 5, 2024 – STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today that it will release its fourth quarter and full year 2023 earnings before the opening of trading on the European Stock Exchanges on Thursday, January 25, 2024. The press release will be available immediately after the release on the Company's website at www.st.com. STMicroelectronics will conduct a conference call with analysts, investors and reporters to discuss its fourth quarter and full year 2023 financial
PR No: C3210C STMicroelectronics Reports 2023 Third Quarter Financial Results Q3 net revenues $4.43 billion; gross margin 47.6%; operating margin 28.0%; net income $1.09 billionYTD net revenues $13.00 billion; gross margin 48.7%; operating margin 27.6%; net income $3.14 billionBusiness outlook at mid-point: Q4 net revenues of $4.30 billion and gross margin of 46% Geneva, October 26, 2023 – STMicroelectronics N.V. ("ST") (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the third quarter ended September 30, 2023. This press release also contains non-U.S. GAAP measures (see Appendix for addit
STMicroelectronics Announces Timing for Third Quarter 2023 Earnings Release and Conference Call Geneva, October 5, 2023 – STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it will release third quarter 2023 earnings before the opening of trading on the European Stock Exchanges on October 26, 2023. The press release will be available immediately after the release on the Company's website at www.st.com. STMicroelectronics will conduct a conference call with analysts, investors and reporters to discuss its third quarter 2023 financial results and current business outlook on October 26, 2023 a
STMicroelectronics and ENGIE sign long-term agreement for the supply of electricity produced from renewable sources in Malaysia 21-year contract for energy produced by a new solar farm in Malaysia, where ST operates a large-volume test & assembly site.PPA will support the 2027 carbon neutrality and 100% renewable energy sourcing targets of ST. Geneva (Switzerland) and Kuala Lumpur (Malaysia) – November 7, 2024 -- STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today a 21-year Power Purchase Agreement (PPA) with BKH Solar Sdn Bhd, an entity jointly established by ENGIE Renewable SEA Pte Ltd (ENGIE), a
The semiconductor manufacturer is the latest organisation to join other industry players exploring the potential of RISC-V architecture STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, has joined Quintauris GmbH as its sixth shareholder. ST joins other Quintauris shareholders, Robert Bosch GmbH, Infineon Technologies AG, Nordic Semiconductor ASA, NXP® Semiconductors, and Qualcomm Technologies, Inc. Quintauris was founded in December 2023 to advance the adoption of products based on RISC-V principles. This will include access to reference architectures, and assistance in the creation of versatile, cross-indust
All resolutions approved at the 2024 STMicroelectronics' Annual General Meeting of Shareholders Amsterdam, May 22, 2024 - STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the results related to the voting items of its 2024 Annual General Meeting of Shareholders (the "2024 AGM"), which was held today in Amsterdam, the Netherlands. All the resolutions were approved by the Shareholders: The adoption of the Company's statutory annual accounts for the year ended December 31, 2023, prepared in accordance with International Financial Reporting Standards (IFRS). The 2023 statutory annual accounts were filed
STMicroelectronics Reports on Resolutions to be Proposed at the 2024 Annual General Meeting of Shareholders Amsterdam, March 22, 2024 - STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the resolutions to be submitted for adoption at the Annual General Meeting of Shareholders (AGM) which will be held in Amsterdam, the Netherlands, on May 22, 2024. The resolutions, proposed by the Supervisory Board, are: The adoption of the Remuneration Policy for the Supervisory Board;The adoption of the Company's statutory annual accounts for the year ended December 31, 2023, prepared in accordance with Interna
STMicroelectronics' Annual General Meeting 2023 Amsterdam, May 24, 2023 - STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the results related to the voting items of its 2023 Annual General Meeting of Shareholders (the "2023 AGM"), which was held today in Amsterdam, the Netherlands. The resolutions, approved by the Shareholders, were: The adoption of the Company's statutory annual accounts for the year ended December 31, 2022, prepared in accordance with International Financial Reporting Standards (IFRS). The 2022 statutory annual accounts were filed with the Netherlands authority for the Financial M
STMicroelectronics Reports on Resolutions to be Proposed at the 2023 Annual General Meeting of Shareholders Geneva, March 28, 2023 - STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the resolutions to be submitted for adoption at the Annual General Meeting of Shareholders (AGM) which will be held in Amsterdam, the Netherlands, on May 24, 2023. The resolutions, proposed by the Supervisory Board, are: The adoption of the Company's statutory annual accounts for the year ended December 31, 2022, prepared in accordance with International Financial Reporting Standards (IFRS). The 2022 statutory
STMicroelectronics' Annual General Meeting 2022 Amsterdam, May 25, 2022 - STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the results related to the voting items of its 2022 Annual General Meeting of Shareholders (the "2022 AGM"), which was held today in Amsterdam, the Netherlands. The resolutions, approved by the Shareholders, were: The adoption of the Company's statutory annual accounts for the year ended December 31, 2021, prepared in accordance with International Financial Reporting Standards (IFRS-EU). The 2021 statutory annual accounts were filed with the Netherlands Authority for the Fi
STMicroelectronics Appoints SP Group to Establish Singapore's Largest Industrial District Cooling System for its Local Manufacturing Site Industrial District Cooling System, to be designed and installed by SP Group, is Singapore's largest with a cooling capacity of up to 36,000 refrigerant tons (RT)Benefits include 20% savings in cooling-related electricity consumption and reduced carbon emissions by up to 120,000 tons annuallyEstimated project value of 370 million USD over 20 years Geneva, Switzerland and Singapore, May 18, 2022 – STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, and SP Group (SP), a leading ut
STMicroelectronics Reports on Resolutions to be Proposed at the 2022 Annual General Meeting of Shareholders Amsterdam, April 4, 2022 - STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the resolutions to be submitted for adoption at the Annual General Meeting of Shareholders (AGM) which will be held in Amsterdam, the Netherlands, on May 25, 2022. The resolutions, proposed by the Supervisory Board, are: The adoption of the Company's statutory annual accounts for the year ended December 31, 2021, prepared in accordance with International Financial Reporting Standards (IFRS-EU). The 2021 statutory
PR N° C2977C STMicroelectronics Appointed Rajita D’Souza as President, Human Resources and Corporate Social Responsibility Geneva – January 11, 2021 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today the appointment of Rajita D’Souza as President, Human Resources and Corporate Social Responsibility (CHRO). Effective Jan 1, 2021, she reports directly to Jean-Marc Chery, President and CEO and is a member of ST’s Executive Committee. In her role, Rajita D’Souza is responsible for leading ST’s global HR organization (people development, performance management, compensation & benefits, recruitment)