STMicroelectronics Initiates STM32 Chip Production in China
STMicroelectronics announces the start of volume deliveries of STM32 microcontrollers manufactured in China, marking a significant milestone in its global supply chain strategy. This local production, in partnership with Huahong, initially targets general-purpose microcontrollers, with expansions planned for 2026.
Launch of Localized STM32 Microcontroller Production
STMicroelectronics has commenced the delivery of the first batches of STM32 microcontrollers fully manufactured in China by Huahong. The company has established a completely localized STM32 supply chain, covering all stages of production: front-end wafer fabrication, assembly, testing, and packaging. The locally produced STM32 microcontrollers utilize the same 40 nm embedded non-volatile memory (eNVM) technology and adhere to the same quality control standards as those from the group's global factories, ensuring seamless compatibility with STMicroelectronics' global quality standards.
Expansion Plans for STM32 Microcontroller Families
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Additional families of STM32 microcontrollers, including performance-oriented, secure, and entry-level series, are scheduled for local volume production in 2026. STMicroelectronics becomes the first global semiconductor company to offer a dual supply chain model, providing customers in China with a unique choice between locally manufactured microcontrollers and those produced outside of China, while maintaining globally consistent quality and compatibility. The partnership with Huahong, which has been in place for 15 years, has been strengthened for this initiative. Packaging and testing are handled by STMicroelectronics' Shenzhen factory and by local assembly and testing partners (OSAT).
« Le chiffre d'affaires du quatrième trimestre a dépassé le milieu de notre prévision et la marge brute a été soutenue par un meilleur mix produit. »
STMicroelectronics a publié ses résultats pour le quatrième trimestre et l'année 2025. Le chiffre d'affaires annuel s'établit à 11,8 milliards de dollars avec une marge brute de 33,9% et un résultat opérationnel de 175 millions de dollars. Le bénéfice net attribuable aux actionnaires pour l'année est de 166 millions de dollars, et le flux de trésorerie disponible (non-U.S. GAAP) pour l'année est de 265 millions de dollars. Pour 2026, le point médian du trimestre est un chiffre d'affaires attendu de 3,04 milliards de dollars et une marge brute d'environ 33,7%.
Risks mentioned
changements dans les politiques commerciales mondiales, y compris les tarifs et barrières commerciaux, susceptibles d'affecter la demande
incertitudes macroéconomiques et inflation, influençant la production et la demande finale
écarts entre la demande client et les projections nécessitant des mesures de transformation
capacité à concevoir, fabriquer et vendre des produits innovants dans un environnement technologique rapide
Outlook / guidance
Expected revenue: Le chiffre d'affaires du premier trimestre 2026 est attendu autour de 3,04 milliards de dollars, en baisse séquentielle d'environ 8,7% et avec une marge brute d'environ 33,7% (plus ou moins 350 pb pour le chiffre d'affaires et plus ou moins 200 pb pour la marge brute).
Management commentary: La direction souligne que les perspectives dépendent des conditions macroéconomiques, des taux de change et du mix produit.
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