Market PositioningST remains convicted in its long-term trajectory in the SiC market, and aims for 30% SiC market share 2030.
Operational EfficiencyST will accelerate 300mm transition (Agrate, Crolles) and SiC migration to 200mm as part of a company-wide initiative to improve operating efficiency which will result in significant cost savings.
Technological AdvancementsLonger-term opportunities are significant in SiC, GaN and 32-bit MCU, backed by solid customers like Tesla, Mobileye, Apple, and Starlink.