STMicroelectronics to Deploy Robots and Retrain Workers to Prevent Plant Closures
The global semiconductor industry is going through a major shift. Rising costs, aging factories, and global competition are forcing many chip makers to rethink how they operate. STMicroelectronics, one of the world’s leading semiconductor manufacturers, has announced a major strategy to protect its manufacturing plants and workforce. Instead of shutting down older facilities, STMicroelectronics plans…