Core Insights - STMicroelectronics reported a net loss of $30 million in Q4, a significant decline from a net income of $341 million in the same quarter last year, impacted by $141 million in impairment and restructuring costs, and $163 million in one-time tax expenses [1][6] - The company achieved Q4 revenue of $3.33 billion, exceeding the midpoint of its guidance, driven by strong performance in personal electronics and communication equipment, while automotive revenue fell short of expectations [3][4] Financial Performance - Gross margin for Q4 was 35.2%, attributed to a favorable product mix, with non-GAAP diluted EPS at $0.11, despite negative one-time expenses [2][6] - For the full year 2025, ST reported net revenues of $11.8 billion, down 11.1% from 2024, primarily due to declines in automotive and industrial sectors, while personal electronics and communications saw growth [10][11] - Gross margin for 2025 was 33.9%, down from 39.3% in 2024, with operating income falling to $175 million from $1.68 billion in 2024 [12] Segment Performance - Year-over-year, analog products, MEMS and sensors increased by 7.5%, RF and optical communication rose by 22.9%, while power and discrete products declined by 31.6% [7] - By end market, communication equipment and computer peripherals grew by about 17%, industrial by about 5%, while automotive declined by about 15% [8] Strategic Outlook - For Q1 2026, revenue is guided to $3.04 billion, down approximately 8.7% sequentially, with gross margin expected around 33.7%, including charges from unused capacity [5][15] - The company plans approximately $2.2 billion in net capital expenditures for 2026, focusing on capacity additions for growth drivers and a manufacturing reshaping program [17][18] - Management highlighted growth drivers for 2026, including ADAS ASICs in automotive, recovery in silicon carbide power devices, and demand in MEMS and imaging sensors [19][20]

Core Viewpoint - Vishay Intertechnology, Inc. is set to showcase its semiconductor and passive technologies at PCIM Asia 2025, focusing on AI infrastructure and electric vehicles [1][2]. Group 1: Product Offerings - Vishay will display solutions for server power supplies, DC/DC converters, power delivery units, BBUs, mainboards, and optical modules tailored for AI applications and next-generation EVs [2]. - The company will present a range of AI solution components, including power MOSFETs with low on-resistance, microBUCK buck regulators, SiC diodes, and various capacitors and inductors designed for high efficiency and thermal management [3]. - Automotive solutions will include reference designs for active discharge circuits, bidirectional power converters, and intelligent battery shunts, aimed at enhancing electric vehicle performance [4]. Group 2: Automotive Applications - Vishay's automotive-grade components for smart cockpits and vehicle computing will feature integrated sensors, ESD protection diodes, low-resistance MOSFETs, and high-temperature capacitors, all designed to meet the rigorous demands of modern automotive applications [5]. - The company emphasizes the importance of EMI suppression safety capacitors that can withstand extreme testing conditions, ensuring reliability in automotive environments [5]. Group 3: Event Information - PCIM Asia 2025 will take place from September 24-26 in Shanghai, China, providing a platform for Vishay to engage with industry stakeholders [6]. Group 4: Company Overview - Vishay is recognized for having one of the largest portfolios of discrete semiconductors and passive electronic components, serving various markets including automotive, industrial, and medical [7]. - The company is listed on the NYSE as a Fortune 1000 entity, highlighting its significant presence in the technology sector [7].