STMicroelectronics

From ArticleWorld


STMicroelectronics (NYSE: STM), a Geneva based company, is a leading supplier of semiconductor solutions. It was ranked fifth in the list of the world’s largest semiconductor suppliers in 2005 and had net revenues of more than $ 8 billion USD. It currently employs over 50,000 people.

Its website is www.st.com.

Products

The company manufactures a wide range of products including analogue and mixed signal integrated circuits, power management integrated circuits, flash and EEPROM memories, smartcards, microcontrollers and transistors.

History

SGS-Thomson, the former name of the company, was created in 1987 from the merger of the Italian based semiconductor company SGS Microelettronica and the French Thomson Semiconducteurs which was the semiconductor division of Thomson SA. In 1989, SGS-Thomson acquired Inmos Ltd., a semiconductor company based in Britian. The company changed its name in 1998 to STMicroelectronics after Thomson SA withdrew.

ST has been growing very fast since its formation, and has remained as one of the Top Ten semiconductor suppliers in the world since 1999. This has been the result of heavy investments in research and development (R & D), the building up of important relations with customers, and efficient marketing and manufacturing strategies.