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Analyst Expectations For STMicroelectronics's Future
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Mission accomplished for the missionaries! STMicroelectronics and Huahong reach a foundry cooperation agreement, planning to produce 40nm MCU domestically by the end of next year.
①STMicroelectronics announced a collaboration with Hua Hong Semi, planning to achieve the production of 40nm process MCU chips at Hua Hong's Wuxi factory by the end of 2025; ②STMicroelectronics CEO Jean-Marc Chery stated that STMicroelectronics is adopting the best practices and technologies learned in the Chinese market for use in Western markets, "The missionaries' story has come to an end."
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