Free Republic

Chipmaker STMicroelectronics appears to be bucking the industry trend by beating analyst expectations and delivering revenues towards the upper end of guidance, driven by demand from the automotive and industrial segments, the company said. While others in the semiconductor business have reported weaker orders and declining profits, the Switzerland-based company saw net revenue for Q4 2022 of $4.42 billion, up 24.4 percent over the same period last year and 2.4 percent up on the previous quarter. Profit was $1.25 billion versus $750 million. For the full year, revenue increased by 26.4 percent to $16.13 billion when compared with 2021, and...

NEW YORK – China’s semiconductor industry has lagged the US in patents and lagged South Korea and Taiwan in fabrication, but it hopes to leapfrog its competition by adopting revolutionary new chip design technologies. Advanced chips used in 5G smartphones and some workstations squeeze billions of transistors onto a fingernail-sized chip by shrinking the dimensions of the transistor itself to 3 to 5 nanometers. Most chips have gate widths of 28 nanometers and higher. Etching tiny circuits on silicon is enormously difficult. Only the Dutch manufacturer ASML makes the lithography machines that use the short wavelengths at the extreme end...

The company which is Apple’s most important chip supplier, said it expects revenue to be between $19.8 billion and $20.6 billion in the third quarter, surging from $14.8 billion in the same period last year. However, TSMC CEO CC Wei said that some of the company’s capital expenditure would be “pushed out into 2023.” He cited “greater challenges in the supply chains” which is extending delivery times for some chipmaking equipment. The strong results and outlook but caution on spending highlights the careful path chipmakers are walking at a time of concern about rising prices and the impact on consumer...

The most advanced category of mass-produced semiconductors — used in smartphones, military technology and much more — is known as 5 nm. A single company in Taiwan, known as TSMC, makes about 90 percent of them. U.S. factories make none. The U.S.’s struggles to keep pace in semiconductor manufacturing have already had economic downsides: Many jobs in the industry pay more than $100,000 a year, and the U.S. has lost out on them. Longer term, the situation also has the potential to cause a national security crisis: If China were to invade Taiwan and cut off exports of semiconductors, the...

STMicroelectronics and GlobalFoundries announced they have signed a memorandum of understanding to build a 300-mm semiconductor manufacturing facility that will help develop the fully depleted silicon-on-insulator (FD-SOI) technology ecosystem. The new facility will represent a multi-billion–euro investment and is expected to create about 1,000 jobs. The jointly operated fab will support GlobalFoundries’ 22FDX FD-SOI process technology and STMicroelectronics’ technology roadmap down to 18 nm for automotive, industrial, IoT, and communications infrastructure applications, companies said. The facility, which will be adjacent to STMicroelectronics’ existing 300-mm manufacturing site in Crolles, France, is set to reach full capacity by 2026, with up to...