STMicroelectronics Reports 2023 Second Quarter Financial Results

STMicroelectronics
Supplemental Financial Information

(a)  Net revenues of Others include revenues from sales assembly services and other revenues. Operating income (loss) of Others includes items such as unused capacity charges, including reduced manufacturing activity due to COVID-19 and incidents leading to power outage, impairment, restructuring charges and other related closure costs, management reorganization costs, start-up and phase-out costs of certain manufacturing facilities, and other unallocated income (expenses) such as: strategic or special research and development programs, certain corporate-level operating expenses, patent claims and litigations, and other costs that are not allocated to product groups, as well as operating earnings of other products. Others includes:

  Q2 2023 Q1 2023 Q4 2022 Q 3 202 2 Q 2 202 2
Net Revenues By Market Channel (%)          
Total OEM 64% 64% 68% 67% 65%
Distribution 36% 36% 32% 33% 35%
           
€/$ Effective Rate 1.08 1.06 1.04 1.08 1.12
           
Product Group Data (US$ m)          
Automotive & Discrete Group (ADG)          
- Net Revenues 1,955 1,807 1,696 1,563 1,454
- Operating Income 624 577 470 404 359
Analog, MEMS & Sensors Group (AMS)          
- Net Revenues 940 1,068 1,339 1,380 1,115
- Operating Income 139 218 346 376 269
Microcontrollers & Digital ICs Group (MDG)          
- Net Revenues 1,427 1,368 1,383 1,374 1,263
- Operating Income 505 495 495 504 425
Others ( a )          
- Net Revenues 4 4 6 4 5
- Operating Income (Loss) (122) (89) (24) (12) (49)
Total          
- Net Revenues 4,326 4,247 4,424 4,321 3,837
- Operating Income 1,146 1,201 1,287 1,272 1,004

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