STMicroelectronics was created in 1987 by the merger of SGS Microelettronica of Italy and Thomson Semiconducteurs of France with the aim of becoming a world leader in the sub-micron era. The new company pursued an aggressive growth strategy, investing heavily in R&D, forging strategic alliances with blue-chip customers and academia, building up an integrated presence in major economic regions, and honing one of the worldâ€™s most efficient manufacturing operations.
Since its formation, ST has grown faster than the semiconductor industry as a whole and it has been one of the worldâ€™s Top Ten semiconductor suppliers since 1999. Today, an unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio, industrial and academic partnerships, and one of the industryâ€™s broadest product ranges makes ST a world leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications.
ST is one of the worldâ€™s largest semiconductor companies, with net revenues of US$9.85 billion in 2006 and market leadership that is spread across many fields. For example, according to the latest industry data, ST is the worldâ€™s fifth largest semiconductor company and has leading positions in sales of Analog Products, Analog Application Specific Integrated Circuits and Analog Application Specific Standard Products. ST is also number one in camera modules for mobile phones, number two in discretes and analog, and number three in NOR Flash, as well as in the application segments of Automotive, Industrial, and Wireless. ST is also the leading supplier of semiconductors for set-top boxes and power management devices. Furthermore, ST was the 3rd biggest semiconductor supplier in China in 2005.
ST offers one of the worldâ€™s broadest product ranges, with over 3,000 main types of products. The carefully balanced portfolio includes both application-specific products containing a large proprietary IP content and multi-segment products that range from discrete devices to high-performance microcontrollers. The Companyâ€™s sales are well balanced between the industryâ€™s five major high-growth sectors: Communications (38%), Consumer (16%), Computer (17%), Automotive (15%) and Industrial (14%). ST pioneered and continues to refine the use of platform-based design methodologies for complex ICs in demanding applications such as set-top boxes, secure smart cards and mobile multimedia, which minimizes development time and cost. The balanced portfolio approach allows ST to address the needs of all microelectronics users, from global strategic customers for whom ST is the partner of choice for major System-on-Chip (SoC) projects to local enterprises that need fully-supported general-purpose devices.