Tesla's leadership said Wednesday at an investor event held at the company's factory near the Texan capital that while silicon carbide transistors are key components, "we've figured out a way to use 75% less without compromising the performance or the efficiency of the car."

STMicroelectronics expects its factories to run at full steam well into 2023 as the chipmaker's backlog is filled by the car and smartphone industries, prompting it to raise its 2022 outlook and build new production lines.

Franco-Italian chipmaker STMicroelectronics said the U.S.-China trade war and a near-embargo on Huawei, one of its biggest clients, would slow growth and affect profitability even if demand rebounds after a COVID-afflicted year.

Franco-Italian chipmaker STMicroelectronics is expecting strong demand from the car and mobile phone industries to boost sales growth in the fourth quarter as it braces for a loss of revenue from China's Huawei.

French-Italian chipmaker STMicroelectronics raised its full-year net revenue guidance, citing new products, customer schemes and improved market conditions, as it expects the worst to be over for the auto industry.

Semiconductor company STMicroelectronics NV (STM) on Wednesday reported a 7.9 percent growth in its profit for the first quarter, as revenues rose 7.5 percent, led by higher sales of Imaging products, and Analog and Micro-controllers.

STMicroelectronics NV said Thursday that third-quarter net profit fell, but turnover exceeded its expectations.

STMicroelectronics jumped over 10% in Paris after the European chip maker posted rises in profit and revenue for the fourth quarter and said it expects revenue growth will accelerate in the second half of 2019.

Twenty-nine companies and research bodies will take part in the project, among them Robert Bosch, Infineon, STMicroelectronics, Osram, Carl Zeiss, GlobalFoundries and Murata.

Infineon Technologies held early-stage talks about buying STMicroelectronics last year, according to people familiar with the matter, a move that would have created a European semiconductor powerhouse.

STMicroelectronics and Macom Technology Solutions announced an agreement that will improve Macom's access to manufacturing capacity for its gallium nitride-on-silicon technology and enable ST to manufacture its own products based on the technology for the RF energy and RF lighting markets.

Advances in semiconductor technology will be on display at the International Solid State Circuits Conference (ISSCC). Samsung and TSMC will describe 7nm SRAMs, Mediatek will show a 10nm SoC and STMicroelectronics will unveil a neural network accelerator made in a fully depleted silicon-on-insulator process.

STMicroelectronics has acquired ams' assets related to NFC and RFID reader business.

STMicroelectronics has found that it is now analog and MEMS business unit that is dragging the company down and keeping it in loss.

STMicroelectronics said it will shut down its set-top-box chip business and eliminate or redeploy 2,000 jobs as Chief Executive Officer Carlo Bozotti seeks to cut losses at the unprofitable unit. Shares of Europe's biggest semiconductor maker jumped.

Samsung is running 28nm fully-depleted silicon-on-insulator (FDSOI) wafers for STMicroelectronics, the developer of the technology, and has other customers lined up, according to an Advanced Substrate News report.

STMicroelectronics and its French state owner are headed for a collision over a strategy that includes possible job cuts at Europe's biggest semiconductor maker, according to people familiar with the matter.

Results from Europe's big chipmakers show business conditions have deteriorated quickly in previously healthy markets for auto electronics and industrial components, adding to concerns over the industry's traditional drivers - computers and phones.

Globalfoundries has developed a 22nm FD-SOI platform of four processes based on a licensing deal it originally signed with STMicroelectronics back in 2012.

French microchip maker STMicro signed a US$500 million with China's Huawei on Thursday to bolster its supply relationship with the Chinese telecom equipment provider, the French government said in a statement.

STMicroelectronics and rivals such as NXP Semiconductor and Qualcomm are battling to be picked to provide the brains for the various products in the hot segment.

STMicroelectronics said chip demand is taking a hit as smartphone manufacturers trim orders, adding to testimony of weakening appetite for high-end handsets.

STMicroelectronics and Movea have announced their agreement to integrate Movea's SmartMotion technology into the STM32F401 microcontroller operating as a low-power sensor-hub controller.

Two consortiums, including IBM and STMicroelectronics, have proposed building semiconductor wafer plants in India costing a total of $8 billion, a minister said after the government approved concessions to lure chipmakers.

Ericsson and STMicroelectronics today announced the closing of the transaction for the split up of ST-Ericsson.

Finnish phone maker Nokia has won a court injunction banning HTC from using microphone parts made by STMicroelectronics in its flagship HTC One phones, in a move that will deepen the problems at the struggling Taiwanese handset company.

STMicroelectronics has signed a loan agreement with the European Investment Bank to strengthen its finances.

STMicroelectronics and Ericsson have agreed to split up their unprofitable ST-Ericsson chip venture after failing to find a buyer for the business, cutting about 1,600 jobs as they divide the assets.

"Today we are announcing the new ST, aligned with the new market environment," said Carlo Bozotti, president and CEO of ST. "Based on that, we have made the decision to exit ST-Ericsson after a transition period."

STMicroelectronics and Ericsson , joint owners of ST-Ericsson, said they had hired an adviser to help deal with the chipmaker.

STMicroelectronics is planning production stoppages at its wafer fabs in Crolles, France, and Catania, Italy, amid reports that CEO Carlo Bozotti will soon announce a reorganization of the company that may include a change of business model.

STMicroelectronics has acquired the intellectual property of Israeli company bTendo, and has hired most of the staff, as it aims to increase the popularity of consumer electronics with integrated projectors.

Globalfoundries has agreed to manufacture devices for STMicroelectronics using ST's proprietary FD-SOI technology in both the 28nm and 20nm nodes.

STMicroelectronics is the first company in the world that mass-manufactures MEMS microphones in plastic packages. The patented technology breakthrough saves space and increases durability in consumer and professional voice-input applications, from mobile phones and tablets to noise-level meters and noise-cancelling headphones.

Cadence Design Systems has contributed to STMicroelectronics having taped out a 20-nanometer test chip, incorporating custom analog and digital methodologies to enable mixed-signal SoC design at this advanced process node.

STMicroelectronics should persuade Ericsson that they sell off their mobile chip joint venture ST-Ericsson, but probably to some aspiring Chinese company. That is likely to produce the quickest and most profitable - or least loss-making - exit for the two parent companies from what has become a failed project.

STMicroelectronics has secured the business of Apple, supplying MEMS for its iPhones, iPads and iPod Touches, as well as the business of Sony. InvenSense, however, has about 70% market share for Google Android-based smartphones.

The US Supreme Court left intact a ruling that lets Tessera Technologies seek damages from Qualcomm and four other companies for infringing patents covering computer-chip packaging.