![](/system/files-encrypted/nasdaq_kms/inline-images/technology.png)
Technology
We have a unique set of chip-manufacturing and packaging technologies enabling solutions for the markets we serve.
Manufacturing facilities
We believe in the benefits of owning manufacturing facilities and operating them in close proximity and coordination with its R&D operations.
![Manufacturing facilities in France, Italy, Sweden, Malta and Morocco](/system/files-encrypted/nasdaq_kms/inline-images/facilities.jpg)
![Manufacturing facilities in Singapore, Malaysia, China and Philippines](/system/files-encrypted/nasdaq_kms/inline-images/map2022-2.png)
FY23 revenue % by product group
FY23 revenue % by shipment location
FY23 revenue % by region of origin
Historical financial performance
US$M | FY21 | FY22 | FY23 |
ST Revenues | 12,761 | 16,128 | 17,286 |
ST Revenues Y/Y | 24.9% | 26.4% | 7,2% |
Gross Margin | 41.7% | 47.3% | 47.9% |
Operating Margin | 19.0% | 27.5% | 26.7% |
EBITDA Margin | 27.1% | 35.1% | 35.7% |
Net Income | 2,000 | 3,960 | 4,211 |
Free Cash Flow** | 1,120 | 1,591 | 1,774 |
Net Financial Position** | 977 | 1,801 | 3,156 |
**Non-U.S. GAAP measure