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STMicroelectronics reports increased Apple revenue and improved 300mm fab loading
Monday, March 2, 2026 at 04:32 PM
STMicroelectronics reported a 9% increase in revenue from Apple for CY25 despite an overall company revenue decline of 11%. This growth is attributed to higher component content per device, including MEMS, optical sensors, and PMICs. The company indicated that demand from Apple is positively impacting utilization rates at its 300mm wafer fabrication facilities.
Context
STMicroelectronics reported a significant divergence in its CY25 performance, as total revenue declined 11% to $11.8 billion while sales to its largest customer, Apple, grew 9%. This recovery follows two consecutive years of contraction and was primarily driven by increased content growth within Apple devices. Despite the rebound, Apple-related revenue remains 20% below its historical peak. The growth is anchored by STMicroelectronics’ supply of MEMS, optical sensors, and PMICs, which are critical components for high-volume consumer electronics.
This shift is strategically vital for STMicroelectronics as it transitions its manufacturing footprint. The company noted that the recovery in Apple orders has been a positive driver for 300mm fab loading, helping to offset broader weakness in the automotive and industrial sectors. Improved utilization of these advanced facilities is essential for the company's goal of achieving high triple-digit million-dollar cost savings by 2027. Management remains focused on leveraging this consumer-led momentum to stabilize margins while completing a company-wide manufacturing reshape.
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