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SGS-THOMSON Microelectronics

STMicroelectronics N.V.
Naamloze vennootschap
Traded as BITSTM
STM
EuronextSTM
Industry Semiconductors
Founded 1957; 60 years ago (1957)
as Società Generale Semiconduttori, 1987 as SGS-Thomson
Headquarters Geneva, Switzerland
Key people
Carlo Bozotti (President and CEO), Didier Lombard (Chairman of the supervisory board)
Products Integrated circuits for specific applications, memory (including EEPROM), microcontrollers, transistors, smartcards
Revenue DecreaseUS$ 8.082 billion (2013)
Decrease -US$ 465 million (2013)
Profit Decrease -US$ 500 million (2013)
Total assets
  • Increase US$ 9.173 billion (2013)
  • Decrease US$ 10.434 billion (2012)
Total equity Decrease US$ 7.603 billion (2011)
Owner
  • STMicroelectronics Holding N.V. (27.5%)
  • General public (68.4%)
  • Treasury shares (4.1%)
Number of employees
49,450 (2011)
Subsidiaries ST Ericsson (50%) [Closed]
Website st.com

STMicroelectronics is a French-Italian multinational electronics and semiconductor manufacturer headquartered in Geneva, Switzerland. It is commonly called ST, and it is Europe's largest semiconductor chip maker based on revenue. While STMicroelectronics corporate headquarters and the headquarters for EMEA region are based in Geneva, the holding company, STMicroelectronics N.V. is registered in Amsterdam, Netherlands.

The company's US headquarters is in Coppell, Texas. Headquarters for the Asia-Pacific region is in Singapore whilst Japan and Korea operations are headquartered in Tokyo. The company headquarters for the Greater China region is in Shanghai.

STMicroelectronics was formed in 1987 by the merger of semiconductor companies SGS Microelettronica (Società Generale Semiconduttori) of Italy and Thomson Semiconducteurs, the semiconductor arm of France's Thomson. At the time of the merger the company was known as SGS-THOMSON but took its current name in May 1998 following the withdrawal of Thomson SA as an owner.

SGS Microelettronica and Thomson Semiconducteurs were both long-established semiconductor companies. SGS Microelettronica originated in 1972 from a previous merger of two companies:

Thomson Semiconducteurs was created in 1982 by the French government's widespread nationalisation of industries. It included:

After its creation by merger in 1987, SGS-Thomson was ranked 14th among the top 20 semiconductor suppliers with sales of around US$850 million. The company has participated in the consolidation of the semiconductor industry since its formation, with acquisitions including:

On December 8, 1994, the company completed its initial public offering on the Paris and stock exchanges. Owner Thomson SA sold its stake in the company in 1998 when the company also listed on the Borsa Italiana in Milan.

Buy-out of VLSI Vision Ltd.

In 2002, Motorola and TSMC joined ST and Philips in a new technology partnership. The Crolles2 Alliance was created with a new 12" wafer manufacturing facility located in Crolles (France).


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