Welcome to our dedicated page for Stmicro news (Ticker: STM), a resource for investors and traders seeking the latest updates and insights on Stmicro stock.
STMicroelectronics (NYSE: STM) is a global leader in semiconductor solutions powering electronics across automotive, industrial, and IoT markets. This page aggregates all official news releases and third-party coverage related to STM's technological advancements and market activities.
Investors and industry professionals will find timely updates on quarterly earnings, product innovations like silicon carbide power modules, and strategic collaborations shaping next-generation mobility and automation solutions. The curated collection includes announcements about microcontroller developments, sensor technologies, and sustainability initiatives.
Key content categories cover financial performance, R&D breakthroughs, manufacturing expansions, and industry recognition. Each update provides insights into STM's role in enabling energy-efficient systems, smart factories, and secure IoT connectivity through its analog and digital semiconductor expertise.
Bookmark this page for streamlined access to STMicroelectronics' latest developments. Check back regularly to stay informed about the company's progress in advancing edge computing, electric vehicle technologies, and industrial automation solutions.
STMicroelectronics reported robust Q4 and FY 2022 financial results. Q4 net revenues reached $4.42 billion, with a gross margin of 47.5% and net income of $1.25 billion, equating to $1.32 diluted EPS. For FY 2022, net revenues rose 26.4% to $16.13 billion, driven by strong demand in automotive and industrial sectors. Operating margin improved to 27.5%, and net income nearly doubled to $3.96 billion. The company anticipates Q1 2023 net revenues of $4.20 billion and gross margin of 48.0%. Investments in CAPEX totaled $3.52 billion, generating free cash flow of $1.59 billion.
STMicroelectronics has announced the execution of its common share repurchase program from January 16 to January 20, 2023. During this period, the company repurchased 164,178 ordinary shares, equivalent to 0.02% of its issued share capital, at a weighted average price of EUR 38.4685, amounting to EUR 6,315,689.05 in total. The repurchase aims to fulfill obligations from share option programs for employees and management bodies. Following these transactions, STMicroelectronics retains 7,951,683 treasury shares, representing approximately 0.9% of its issued share capital. The company continues to prioritize shareholder value through strategic buybacks.
STMicroelectronics announced details of its common share repurchase program from January 9 to January 13, 2023, acquiring 171,529 shares, which is 0.02% of its issued share capital. The total expenditure was EUR 6,360,559.01, with an average purchase price of EUR 37.0815 per share. The repurchase aims to meet obligations from share option programs for employees and management. Following this period, the company holds 7,787,505 treasury shares, representing 0.9% of its capital. This buyback reflects STMicroelectronics' commitment to enhancing shareholder value and managing its capital structure.
STMicroelectronics has launched the STM32C0 series microcontrollers, designed as the most affordable entry to the STM32 family, now in high-volume production. These 32-bit MCUs are targeted at cost-sensitive applications like home appliances and industrial equipment and are covered by a 10-year longevity program. The STM32C0 series enhances functionality while maintaining a low price point and power consumption. Featuring up to 48MHz operation, they support a range of peripherals, making them suitable for modern applications.
STMicroelectronics announces the timing for its Q4 and full year 2022 earnings release, scheduled for January 26, 2023. The earnings report will be available before European markets open. Following the release, a conference call will take place at 9:30 a.m. CET to discuss the financial results and the business outlook. The call will be accessible via a live webcast on the company’s website and will remain available for replay until February 10, 2023.
STMicroelectronics and eYs3D Microelectronics are set to showcase their collaboration on high-quality 3D stereo-vision cameras for machine vision and robotics at CES 2023. The live demonstrations will highlight advancements in stereo video and depth camera technologies, enhancing capabilities such as feature recognition and autonomous guidance. Key products include the Ref-B6 and Ref-B3 ASV cameras, utilizing ST’s global shutter image sensors and eYs3D’s CV processor for optimal performance. Both companies aim to drive innovation in stereo vision applications across various sectors.
STMicroelectronics has disclosed its recent share repurchase activity from December 19 to December 23, 2022. During this period, the company bought back 113,367 ordinary shares, amounting to approximately EUR 3.91 million at an average price of EUR 34.5166 per share. The repurchase aims to fulfill obligations related to employee share option programs and may also be used for other lawful purposes. Following these transactions, STMicroelectronics holds about 7.43 million treasury shares, representing 0.8% of its issued share capital.
STMicroelectronics achieved an 'A' score from CDP for its transparency in water security, recognizing the company’s commitment to sustainable practices. Out of nearly 15,000 companies evaluated, STMicroelectronics stands out for its effective management of water-related risks and reduction of its water footprint. In 2021, the company reduced water consumption per production unit by 16%, with a target of 20% reduction by 2025 compared to 2016 levels. This recognition underscores ST's dedication to environmental leadership and supporting communities.
STMicroelectronics has launched new silicon-carbide (SiC) power modules for electric vehicles (EVs), enhancing performance and driving range. Selected by Hyundai Motor Company for its E-GMP platform, these modules are designed to integrate easily into EV systems. The latest generation of STPOWER SiC MOSFETs features industry-leading energy efficiency, allowing for faster charging and improved vehicle dynamics. ST is poised to support market demands with new manufacturing capabilities expected to begin in 2023.
STMicroelectronics (NYSE: STM) and Soitec have announced an agreement to qualify Soitec's SmartSiC™ technology for future 200mm Silicon Carbide (SiC) substrate production. This collaboration aims to enhance the manufacturing processes supporting the automotive and industrial sectors, facilitating the transition to electric mobility. The 200mm wafers are expected to deliver nearly double the chip output per wafer, significantly improving efficiency and production capacity. Volume production is anticipated in the midterm, reflecting the urgency to adapt to a rapidly evolving electric vehicle market.