CONNECT WITH US

STMicro postpones US$20 billion revenue target to 2030 on auto chip slowdown

Mavis Tsai, Taipei; Willis Ke, DIGITIMES Asia 0

Credit: DIGITIMES

STMicroelectronics (STM) has revised its growth targets amid persistent weak demand for chips used in automotive and industrial applications. During its Capital Markets Day in Paris, the chipmaker postponed its goal of surpassing US$20 billion in annual...

The article requires paid subscription. Subscribe Now