What strategy is STMicro now adopting to deal with possible future fluctuations in exchange rates?

STMicroelectronics is adopting a strategy of increasing its use of natural hedging to mitigate the impact of future fluctuations in exchange rates. This involves aligning its production and supply chain operations to match the currencies of its sales and expenses more closely. Additionally, the company may employ financial instruments, such as forward contracts, to lock in exchange rates and reduce exposure to currency volatility. This proactive approach aims to enhance financial stability and predictability in its operations.