- STMicroelectronics NV (NYSE:STM) and Politecnico di Milano scientific-technological university forged a five-year collaboration agreement to establish a joint research center on advanced materials for sensors (STEAM).
- The joint research center will conceive, design, and develop MEMS technology to create new MEMS products.
- The agreement will also drive ST’s research and development roadmap in advanced sensors, MEMS, and analog, including advanced MEMS, motion control, power electronics, and galvanic isolation.
- The agreement includes an infrastructure upgrade for the Politecnico di Milano, starting with constructing a 200mm pilot line apart from the current 150mm line of the PoliFab clean room.
- Price action: STM shares are trading higher by 0.05% at $38.22 in the premarket session on the last check Monday.
Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.
All news is property of their respective owners.
