STMicroelectronics Reports 2023 Third Quarter Financial Results

ST
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:

  Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Net Revenues By Market Channel (%)     
Total OEM67%64%64%68%67%
Distribution33%36%36%32%33%
      
€/$ Effective Rate 1.09 1.08 1.06 1.04 1.08
           
Product Group Data (US$ m)          
Automotive & Discrete Group (ADG)          
- Net Revenues 2,025 1,955 1,807 1,696 1,563
- Operating Income 638 624 577 470 404
Analog, MEMS & Sensors Group (AMS)          
- Net Revenues 990 940 1,068 1,339 1,380
- Operating Income 186 139 218 346 376
Microcontrollers & Digital ICs Group (MDG)          
- Net Revenues 1,412 1,427 1,368 1,383 1,374
- Operating Income 496 505 495 495 504
Others ( a )          
- Net Revenues 4 4 4 6 4
- Operating Income (Loss) (79) (122) (89) (24) (12)
Total          
- Net Revenues 4,431 4,326 4,247 4,424 4,321
- Operating Income 1,241 1,146 1,201 1,287 1,272

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