Financial GuidanceThe company has guided a more than normal seasonal decline in 1Q25 revenue, indicating a high-teen percentage sequential decline.
Inventory And DemandInventories in the channel remain high, and STM management appeared cautious about a strong pickup in demand due to weak end-demand in Automotive and Industrial end-markets, along with weak macroeconomic conditions in Europe and the US.
Market CompetitionRevenue contraction in MCUs is partly due to share loss to Chinese vendors as STM could not supply consumer OEMs during the shortages period.