ST had Q2 net revenues up 12.7% y-o-y to $4.33 billion at a gross margin of 49%, an operating margin of 26.5% with net income of $1 billion
May semi sales of $40.7 billion were 21.1% down on the $51.7 billion in May 2022 but up 1.7% on April.
The country’s chip imports fell by 27% in January and February 2023.
Global semiconductor sales data released last week showed the industry experienced significant ups and downs in 2022.
As we head into 2023, finding chips to put into laptops and smartphones is getting easier.
ST had Q2 net revenues up 12.7% y-o-y to $4.33 billion at a gross margin of 49%, an operating margin of 26.5% with net income of $1 billion
May semi sales of $40.7 billion were 21.1% down on the $51.7 billion in May 2022 but up 1.7% on April.
The country’s chip imports fell by 27% in January and February 2023.
Global semiconductor sales data released last week showed the industry experienced significant ups and downs in 2022.
As we head into 2023, finding chips to put into laptops and smartphones is getting easier.