STMicroelectronics reported its financial results for the first quarter of 2025, with net revenue of $2.52 billion, marking a significant year-over-year decrease of 27.3%. The company's net income for the quarter was $56 million, a sharp decline of 89.1% from the previous year. Despite the downturn, STMicroelectronics anticipates a sequential increase in net revenue for the second quarter, projecting $2.71 billion, although this still represents a 16.2% decrease from the same period in the previous year. The gross margin for the first quarter was 33.4%, with operating income at $3 million. Jean-Marc Chéry, President and CEO of STMicroelectronics, noted that the first quarter results were in line with the company's financial guidance, driven by higher personal electronics revenue but offset by lower-than-expected automotive and industrial sector performance. Nidec Corp. announced its financial outlook for the fiscal year ending March 31, 2026, expecting a 19% increase in net profit to 2000 billion yen, marking two consecutive years of record highs. The company attributes this growth to the expansion in data center generators and other sectors. Nidec also forecasts a slight decrease in sales to 2.6 trillion yen, but an 8.2% increase in operating profit to 2600 billion yen for the same period. The company is focusing on cost reduction efforts to mitigate the impact of potential changes in U.S. tariffs under the Trump administration.