Warning: Undefined variable $news_jp in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
28
Warning: Trying to access array offset on null in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
28
Warning: Undefined variable $news_jp in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
29
Warning: Trying to access array offset on null in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
29
Warning: Undefined variable $news_jp in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
30
Warning: Trying to access array offset on null in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
30
Warning: Undefined variable $news_jp in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
31
Warning: Trying to access array offset on null in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
31
Warning: Undefined variable $news_kr in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
33
Warning: Trying to access array offset on null in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
33
Warning: Undefined variable $news_kr in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
34
Warning: Trying to access array offset on null in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
34
Warning: Undefined variable $news_kr in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
35
Warning: Trying to access array offset on null in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
35
Warning: Undefined variable $news_kr in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
36
Warning: Trying to access array offset on null in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
36
Warning: Undefined variable $news_cn in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
38
Warning: Trying to access array offset on null in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
38
Warning: Undefined variable $news_cn in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
39
Warning: Trying to access array offset on null in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
39
Warning: Undefined variable $news_cn in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
40
Warning: Trying to access array offset on null in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
40
Warning: Undefined variable $news_cn in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
41
Warning: Trying to access array offset on null in
/www/wwwroot/fpt-semiconductor.com/wp-content/themes/semicondutor/single.php on line
41
News
Trang chủ » News » STMicroelectronics CEO sees China as A Dynamic Semiconductor Market amidst the China-US Conflict
What's News
Provide the breaking news related to VLSI fields and FPT Semiconductor .,JSC
STMicroelectronics CEO sees China as A Dynamic Semiconductor Market amidst the China-US Conflict
22-03-2024
Amid escalating chip tensions between the United States and China over semiconductor technology, French-Italian semiconductor giant STMicroelectronics remains steadfast in its commitment to China as a key growth market, according to CEO Jean-Marc Chery.
STMicroelectronics considers China a growing semiconductor Market
In 2022, China only held the 6th place in the semiconductor market (7%), and is predicted to grow only a 6.16% annual growth rate (CAGR 2024-2027). The US-China has impacted the growth of the Chinese semiconductor market with the US regulations set to restrain enterprises from selling and exporting advanced technology, and advanced chip manufacturing equipment to China, preventing this country from developing their high-tech chip.

China remains an important growth market for French-Italian semiconductor STMicroelectronics, despite increasing U.S.-China tensions over semiconductors. At a recent Citi technology conference in London, Jean-Marc Chery, the CEO of STMicroelectronics emphasized the company’s resilience in the face of challenges posed by U.S.-China semiconductor disputes. He expressed that the company is not discouraged by Chinese chipmakers’ intentions to invest in older generations of chips.
The Reasons for STM’s Trust
Chery underscored the strategic importance of maintaining a presence in the Chinese market, particularly in sectors such as electric vehicles, digital power controls, and renewable energy, where STMicroelectronics sees significant opportunities for growth.

As a prominent player in automotive chips and microcontrollers, STMicroelectronics is looking for a robust key to step up in the race to compete with other semiconductor giants in reducing chip nodes. According to industry group SEMI, mainland China, fueled with assistance from substantial government subsidies, is predicted to add about 12% to empowering the company capacity.
For us it is a risk for sure to have seen this massive investment of mainstream technology by Chinese chipmakers, Chery said to Reuters “But it’s also an opportunity.” He also reiterated STMicroelectronics’ commitment to leveraging local partnerships and investments to capitalize on the growing opportunities in the Chinese market.
He also stated that the country currently accounts for 15% of the company’s revenue, with sectors such as silicon carbide poised for witness rapid growth. Despite the complexities and challenges posed by geopolitical tensions, STMicroelectronics remains interested in China’s potential as a key driver of its future growth and innovation initiatives.
>> Read more semiconductor market HERE