Power chipmakers are grappling with the downturn in the automotive chip market. According to a Bloomberg report, STMicroelectronics NV CEO Jean-Marc Chéry is facing pressure from the Italian government to step down, citing poor performance as the primary reason. The report also highlights that t...

As demand for silicon carbide (SiC) continues to rise across sectors such as electric vehicles, renewable energy systems, and artificial intelligence, investments in SiC wafer fabs are also surging. Around the world, new SiC wafer fabs are being actively developed, and recently, news has emerged tha...

As demand for automotive and industrial semiconductors continues to weaken, European chipmakers NXP and STMicroelectronics are preparing for workforce reductions, according to reports from ijiwei and Bloomberg. As noted by the report from ijiwei, citing NL Times, Dutch semiconductor company NXP a...

The global semiconductor industry is facing numerous challenges, with several renowned fabs halting operations, delaying construction, or shutting down production lines. These developments have caused significant disruptions across the industry. Recently, the GlobalFoundries-STMicroelectronics fa...

According to a report from ijiwei, citing Bloomberg, previously in 2022 STMicroelectronics and GlobalFoundries announced a EUR 5.7 billion investment plan to construct a wafer fabrication plant in France. However, this joint venture project has since stalled. Meanwhile, ijiwei notes that while cons...