STMicroelectronics and Hua Hong Grace Semiconductor Collaborate to Improve Supply Chain Resilience and Technology Integration

According to the PPT released by ST on the Investor Day, the highlights of the cooperation are summarized as follows: 1. Localized production capacity; 2. Supply chain resilience; 3. Advanced technology integration. HHGrace provides comprehensive foundry services, including oxide-filled trench (OFT) technology and BCD/IGBT manufacturing, which greatly shortens the product design to mass production cycle. The cooperation aims to utilize HHGrace's local supply chain resources to cope with potential geopolitical risks and material shortages, and provide customers with reliable supply guarantees.