Acquisition of NXP's MEMS sensor business Purchase price of up to $950M in cash, including $900M upfront and $50M subject to the achievement of technical milestones Agreement on ST's acquisition of NXP Semiconductors MEMS sensor business Conference Call July 25, 2025 An all-cash transaction and financed from our existing liquidity. Subject to customary closing conditions, including regulatory approvals - expected to close in H1 2026 2 ST MEMS business Key strengths Global leader in the MEMS industry (person ...

PR N°C3350C STMicroelectronics to strengthen position in sensors with acquisition of NXP’s MEMS sensors business ST enters into agreement for acquisition of NXP’s MEMS sensor business for a purchase price of up to US$950 million in cash, including US$900 million upfront and US$50 million subject to the achievement of technical milestonesThe MEMS businesses of ST and NXP are strongly complementary in terms of technology and product portfolio, with the combined product offering to be well balanced across auto ...

PR N°C3350C STMicroelectronics to strengthen position in sensors with acquisition of NXP’s MEMS sensors business ST enters into agreement for acquisition of NXP’s MEMS sensor business for a purchase price of up to US$950 million in cash, including US$900 million upfront and US$50 million subject to the achievement of technical milestonesThe MEMS businesses of ST and NXP are strongly complementary in terms of technology and product portfolio, with the combined product offering to be well balanced across auto ...

Core Insights - STMicroelectronics reported a net revenue of $2.77 billion for Q2 2025, reflecting a 14.4% year-over-year decline and a 9.9% increase from Q1 2025 [3][4][5] - The company experienced a gross margin of 33.5%, which is a decrease of 660 basis points year-over-year but slightly improved from Q1 2025 [3][9] - Operating loss for the quarter was $133 million, significantly down from an operating income of $375 million in Q2 2024, primarily due to $190 million in impairment and restructuring charges [3][10][12] Financial Performance - Q2 2025 net revenues were $2.77 billion, down from $3.23 billion in Q2 2024, with a gross profit of $926 million, a decrease of 28.5% year-over-year [3][9] - The operating margin fell to -4.8% from 11.6% in the same quarter last year, while net loss was $97 million compared to a profit of $353 million in Q2 2024 [3][10][12] - Non-U.S. GAAP operating income was $57 million, down from $375 million year-over-year, with a non-U.S. GAAP net income of $57 million compared to $353 million in Q2 2024 [6][12] Segment Performance - The Analog, Power & Discrete, MEMS and Sensors (APMS) Product Group saw a revenue decrease of 17.4% year-over-year, while the Embedded Processing (EMP) segment's revenue decreased by 6.5% [8][11] - The Automotive segment's performance was slightly below expectations, while Personal Electronics and Industrial segments drove higher revenues [5][11] - The book-to-bill ratio remained above one for Industrial, indicating a positive trend in bookings, while Automotive was below parity [5] Cash Flow and Balance Sheet - Net cash from operating activities was $354 million, down 52.6% from $702 million in Q2 2024, with free cash flow reported at negative $152 million [13][14] - Inventory levels increased to $3.27 billion from $2.81 billion year-over-year, with days sales of inventory at 166 days [15] - The net financial position stood at $2.67 billion, reflecting total liquidity of $5.63 billion and total financial debt of $2.96 billion [16] Business Outlook - For Q3 2025, the company expects net revenues of $3.17 billion, a sequential increase of 14.6% but a year-over-year decrease of 2.5%, with a gross margin forecasted at 33.5% [4][19] - The outlook includes potential impacts from unused capacity charges and currency effects, indicating a cautious approach amid macroeconomic uncertainties [5][19]