EE Times Europe

PARIS — STMicroelectronics NV (Geneva, Switzerland) reported that its fab utilization rate amounted to 85 percent in the third quarter of 2008. It is, however, expected to strongly decrease in the fourth quarter of 2008 and, possibly, in the first quarter of 2009.

At an analysts' conference on Wednesday (Oct. 29), Alain Dutheil, ST's chief operating and vice chairman of the corporate executive committee, expressed himself on the utilization of the group's wafer fabs.

He declared: "Of course, the demand in the fourth quarter is decreasing and, at the same time, we want to control our inventory. Therefore, the demand placed on our wafer fabs is leading to a utilization rate of 75 percent. It is a bit more on 6-inch than on 8-inch wafer fabs."