Elmos Semiconductor Completes Transformation Into a Fabless Company - Cautious Outlook for 2025

Elmos Semiconductor has continued its positive economic development in the year of its 40th anniversary, achieving significant structural progress, the company reported on Tuesday, February 18. The semiconductor manufacturer points to the challenging environment characterized by economic uncertainties, customer inventory adjustments, and a shrinking market. Nevertheless, revenue increased based on preliminary and unaudited figures to €581.1 million, up slightly by 1.1% compared to the record level of the previous year, which Elmos deemed to be...