STMicroelectronics is one of te world's largest semiconductor companies with net revenues of US$ 6.97 billion in 2016. The group has approximately 43,500 employees, 11 main manufacturing sites, advanced research and development centers and sales offices all around the world. Offering one of the industry's broadest product portfolios, ST serves customers across the spectrum of electronics applications with innovative semiconductor solutions by leveraging its vast array of technologies, design expertise and combination of intellectual property portfolio, strategic partnerships and manufacturing strength.
ST focuses its product strategy and solutions for Smart Driving and the Internet of Things. These segments encompass MEMS & Specialized Imaging Sensors, Digital ASICs, General Purpose & Secure MCUs, EEPROM, Analog, Industrial & Power Conversion ICs, Discrete & Power Transistors and Dedicated Automotive ICs. ST's products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter homes, factories, and cities, along with the next generation of mobile and Internet of Things devices.By getting more from technology to get more from life, ST stands for life.augmented.
STMicroelectronics was created in 1987 by the merger of two long-established semiconductor companies, SGS Microelettronica of Italy and Thomson Semiconducteurs of France, and has been publicly traded since 1994; its shares trade on the New York Stock Exchange (NYSE: STM), on Euronext Paris, and on Borsa Italiana.
To keep its technology edge, ST has maintained an unwavering commitment to R&D from the beginning with approximately 7,500 people working in R&D and product design and spent about 19% of its revenue in R&D in 2016. Among the industry's most innovative companies, ST owns and continuously refreshes a substantial patent library (~16,000 owned patents in ~9,500 patent families and ~500 new patent filings in 2016).
ST has established a worldwide network of strategic alliances, including product and technology development with key customers and other semiconductor manufacturers, and equipment- and CAD-development alliances with major suppliers. These industrial partnerships are complemented by a wide range of research programs conducted with leading universities and research institutes around the world, in addition to being involved in Europe's advanced technology research programs such as the Pan-European program on Nanoelectronics Technology and Applications (PENTA), EU R&D projects within Horizon 2020 (the European Union's research and innovation framework), Electronic Components and Systems for European Leadership (ECSEL) initiative and national or regional programs for R&D and for industrialization in the electronics industries involving many companies and laboratories.