Cree, Inc. (Nasdaq: CREE) and STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today the expansion and extension of an existing multi-year, long-term silicon carbide (SiC) wafer supply agreement to more than $500 million. The extended agreement is a doubling in value of the original agreement for the supply of Cree’s advanced 150mm silicon carbide bare and epitaxial wafers to STMicroelectronics over the next several years. The increased wafer supply enables the semiconductor leaders to address the rapidly growing demand for silicon carbide power devices globally, particularly in automotive and industrial applications.
With typical temperature-reading accuracy of 0.25°C and low operating and standby current, the STMicroelectronics STTS22H enhances temperature and heat-flow monitoring in asset trackers, shipping-container loggers, HVAC systems, air humidifiers, refrigerators, building-automation systems, and smart consumer devices.
STMicroelectronics N.V. (the “Company” or “STMicroelectronics”) , a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated November 5, 2018. The Program was approved by a shareholder resolution dated May 31, 2018 and by the supervisory board.
STMicroelectronics (NYSE: STM) , a global semiconductor leader serving customers across the spectrum of electronics applications, exhibits its latest semiconductor solutions for processing, sensing, connectivity, security, and power management in industrial IoT (IIoT) applications at Embedded Technology (ET), Pacifico Yokohama, November 20-22, 2019.