Daily Semiconductor Information By Lansheng Technology

1. STMicroelectronics Q1 performance of each department is as follows:

#ADG: Sales of Automotive and Power Discretes increased; operating profit increased 145.3% year-over-year to $577.4 million. Operating margin was 32.0%, compared to 18.7% in the same period last year.

#AMS: Imaging revenue increased; Analog and MEMS revenue decreased; operating profit was $217.9 million, down 11.6% year-over-year. Operating margin was 20.4%, compared to 22.9% in the same period last year.

#MDG: Microcontrollers and RF Communications product revenue increased; operating profit increased 21.7 percent to a total of $494.7 million. Operating margin was 36.2%, compared to 33.7% in the same period last year.

2. Samsung recently decided to significantly reduce production. It is estimated that the positive benefits brought by Samsung's large production reduction may appear at the end of the second quarter, and the oversupply situation in the market will slow down.

3. Germany's Handelsblatt reported that Sweden, the EU's rotating presidency, announced on Tuesday night that the EU plans to raise 43 billion euros for the development of the #chip industry, and the funds will come from the EU budget and the private sector. The EU's goal is to increase its share of global chip production from less than 10% to 20% by 2030. The new production capacity must not only meet the EU's own needs, but also export to other parts of the world.

4. SIA recently released a report stating that global #semiconductor sales in the first quarter of 2023 will be US$119.5 billion, down 8.7% quarter-on-quarter and 21.3% year-on-year.

Lansheng Technology Limited (https://www.lanshengic.com/) is a global distributor of electronic components that has been established for more than 10 years, headquartered in Shenzhen China, who mainly focuses on electronic spot stocks.