ST had Q1 net revenues of $3.02 billion with a gross margin of 39%, an operating margin of 14.6% and net income of $364 million. Q1 capex was  $405 million. The company expects Q2 net revenues of $2.9 billion with a gross margin of 39.5%. “In the first quarter of 2021, net revenues increased 35.2% year-over-year,” ...

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Despite 63% of manufacturers running at reduced capacity over the past year, the IoT wasn’t able to make its long-awaited transition from intention to adoption in 2020, says a report from Ubisense. The report has found that, at a time when its benefits were most needed, 43% of manufacturers no longer understand the value of ...

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Fabless sales took a record 32.8% of worldwide IC sales last year after growing 24% in 2020, says IC Insights. Typically, the sales growth rate of the fabless IC suppliers is better than that of the IDMs, and 2010 was the first year on record that IDM IC sales growth outpaced fabless IC company sales ...

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Silicon Catalyst has admitted six new companies into its incubator: AlphaICs,  Lelantos, Oculi, Salience Labs, Sonical and Visual Dawn. The ecosystem that Silicon Catalyst has created lowers the capital expenses associated with the design and fabrication of silicon-based IC’s, Sensors, and MEMS devices by providing tools and services from a comprehensive network of In-Kind Partners ...

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