STMicro sees Q1 sales well below estimates as auto chip demand softens – ET Auto
Baua Electric
JANUARY 25, 2024
We continued to see stable end-demand in Automotive, no significant increase in Personal Electronics, and further deterioration in Industrial,” CEO Jean-Marc Chery said. China trade spats and sluggish demand for personal electronics, but this trend could be waning. In 2024, STMicro plans to invest about USD 2.5 billion to USD 16.9
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