STMicroelectronics

STMicroelectronics is a leading Integrated Device Manufacturer delivering solutions that are key to the Automotive, Smart Industry, Home & City. STMicroelectronics is an independent semiconductor company that designs, develops, manufactures, and markets a range of semiconductor products used in a variety of microelectronic applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation, and control systems. 

Its segments include Automotive, Consumer, Computer and Communication Infrastructure (ACCI); Industrial and Multisegment Sector (IMS), and Wireless. Its products include discrete, microcontrollers, Smartcard products, standard commodity components, micro-electro-mechanical systems (MEMS) and advanced analogue products, application-specific standard products (ASICs) and application-specific standard products (ASSPs) for analogue, digital, and mixed-signal applications. On May 7, 2010, the Company disposed of its investment in Numonyx Holdings B.V.

1987: As the two sides met to work on the EPROM project, their government parents began to discuss a marriage between the two companies.

1989: SGS Thomson achieved a new breakthrough when it produced a new chip for Finland's Nokia, then in the process of reinventing itself as a major telecommunications player.

1990: SGS Thomson gained an early lead in the MPEG market, however, releasing its first Motion Estimation Processor.

1993: SGS Thomson's plants adopted 0.5-micron technology, placing it on the same level as its major competitors.

1994: On December 8, the company completed its initial public offering on the Paris and New York stock exchanges.

1996: Smart cards, that is, credit-like cards with embedded microchips, were gaining wide acceptance in a variety of areas, including telephone cards and the pay television market. SGS Thomson had shipped more than one billion of its EEPROM-based smart card devices. Also, the company launched its latest EEPROM development, super flash memory, which combined flash memory technology with the flexibility of EEPROM technology.

1997: By then, ST had gained a solid financial base, with revenues climbing past $4 billion and profits topping $400 million. In addition to its in-house technology development, ST made a series of add-on acquisitions at the end of the 20th century, including purchasing the United States' Metaflow Technologies Inc., in an effort to enter the computer processor market.

1998: The company also continued to make progress on improving its geographic spread, beginning construction on a new production facility in China, which was completed this year. Owner Thomson SA sold its stake in the company when the company was also listed on the Italian Bourse in Milan.

2000: The company took over the Canadian semiconductor business of Nortel Networks, but shut down that operation a year later because of overcapacity.

2001: By the end of the year, ST had climbed into the top five--with some analysts granting the company the number three spot among semiconductor companies worldwide.

2002: ST continued to build onto its holdings, scoring a coup with the announcement in June of its agreement to acquire the microelectronics operations of France's Alcatel. Motorola and TSMC joined ST and Philips in a new technology partnership.

2005: ST thrived under Pasquale’s leadership who was CEO until this year. ST was ranked fifth, behind Intel, Samsung, Texas Instruments and Toshiba, but ahead of Infineon, Renesas, NEC, NXP Semiconductors, and Freescale.

2007: On May 22, ST and Intel created a joint venture in the memory application called Numonyx: this new company merged ST and "Intel Flash Memory" activities. Under the terms of the agreement, the Alliance came to an end on December 31.

2008: STMicroelectronics acquired Genesis Microchip Inc. on January 25.

2009: On February 10, 2009, ST Ericsson, a joint venture bringing together "ST-NXP Wireless" and "Ericsson Mobile Platforms", was established.

2011: ST announced the creation of a joint lab with the Sant'Anna School of Advanced Studies.

2013: Currently STMicroelectronics is the 9th largest semiconductor company with net revenues of more than $8B.

2018: For the last quarter of the year, the company reported net revenues $2.65 billion, operating margin 16.8% and net income $418 million

“We help our customers make these devices more intelligent, more energy efficient, more connected, safer and more secure.”

“ST's vision to be everywhere microelectronics make a positive contribution to people's lives, sustainability is deeply embedded in all of our business activities, allowing us to maximize opportunities in areas such as sustainable technology and innovation, as well as helping us to predict and mitigate risks in our operations and business performance.”