半导体行业观察·2025-07-25 01:44Core Viewpoint - STMicroelectronics reported a loss in Q2 for the first time in over a decade, primarily due to restructuring and impairment costs amounting to $190 million, leading to a significant stock price drop of 16.6% [2][3] Financial Performance - The company experienced an operating loss of $133 million in Q2, which was below analyst expectations of a profit of $56.2 million [2] - Revenue for Q2 increased to $2.76 billion from $2.52 billion in the previous quarter, surpassing expectations [3] - The company anticipates Q3 revenue to reach $3.17 billion, exceeding analyst forecasts of $3 billion [3] Market Position and Strategy - STMicroelectronics heavily relies on in-house manufacturing, accounting for approximately 80% of sales, which poses challenges during market slowdowns [2] - The company has initiated a cost-cutting plan aimed at saving hundreds of millions by restructuring its manufacturing facilities, including a workforce reduction of 5,000 employees by 2027 [4] Acquisition Plans - STMicroelectronics plans to acquire NXP's MEMS sensor business for up to $950 million, enhancing its position in the sensor market [6][7] - The acquisition is expected to generate approximately $300 million in revenue in 2024 and improve profit margins significantly [7] - The deal will be financed through existing cash and is expected to close in the first half of 2026, pending regulatory approvals [7]