STMicro's worst year in decades: sales drop, job cuts amid continuous market slump

STMicro's worst year in decades: sales drop, job cuts amid continuous market slump

[Digitimes] - 02/3/2025

STMicroelectronics (STMicro) plans to cut 2,000 to 3,000 jobs, approximately 6% of its global workforce, through early retirement programs or natural attrition as it grapples with persistent downturns in the industrial and automotive sectors.



        e-mail

In Taiwanese newspapers

Canada, Mexico, China respond to US tariffs
[Taipei Times] - 3/02/2025
Cadence aims to strengthen its presence in India's growing data center sector
Cadence Design Systems has said that it recognizes India as a critical hub for innovation and data-driven growth and (…)
[Digitimes] - 3/02/2025
Weekly news roundup: CXMT reportedly adopts 1z process for DDR5 mass production; Chinese EMS/ODM firms surpass Taiwanese rivals
These are the most-read DIGITIMES Asia stories from January 20 – January 31.
[Digitimes] - 3/02/2025
Taiwan Lantern Festival to highlight cultural diversity: Co-organizer
Taoyuan, Feb. 2 (CNA) The Taoyuan City government, co-organizer of the 2025 Taiwan Lantern Festival, announced (…)
[Focus Taiwan] - 2/02/2025
7-Eleven Philippines invests in further market expansion
Taipei, Feb. 2 (CNA) Philippine Seven Corp., operator of the 7-Eleven convenience store chain in the Southeast Asian (…)
[Focus Taiwan] - 2/02/2025
Inviting wealth
[Taipei Times] - 3/02/2025
Apple scraps work on Mac-connected augmented reality glasses
Apple Inc. has canceled a project to build advanced augmented reality glasses that would pair with its devices, (…)
[Digitimes] - 3/02/2025
India cuts import taxes on electronics components to boost local manufacturing
In a bid to strengthen India's position in global supply chains and boost local manufacturing, the Indian government (…)
[Digitimes] - 3/02/2025