STMicroelectronics N.V., a publicly owned company founded in 1987, is headquartered in Switzerland and employs approximately 27,400 people. Its primary business is semiconductor manufacturing, specializing in a range of products such as analog chips, discrete power semiconductors, microcontrollers, and sensors. A significant portion of its output is supplied to the industrial and automotive sectors.
On Wednesday, May 28th, a quarterly dividend of $0.09 per share was announced, payable on Tuesday, September 30th to stockholders of record on Tuesday, September 23rd. A partnership with Volkswagen's software unit was formed to co-develop semiconductors. The company will build and operate Singapore's largest industrial cooling system at one of its plants. On Thursday, July 28th, a full-year outlook revision was announced following the exceeding of second-quarter revenue expectations. A workshop was held exploring the STM32WL3x series, featuring the Arm Cortex®-M0+ core.
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