st micro electronics

STMicroelectronics NV, sometimes known as ST or STMicro, is a French-Italian multinational corporation and technological company. Listed on the New York Stock Exchange, the Euronext Paris (CAC 40), and the Borsa Italiana in Milan (FTSE MIB), the company was founded in the Netherlands and has its headquarters in Plan-les-Ouates, Switzerland.[2] ST is the biggest contract manufacturing and design firm for semiconductors in Europe. In 1987, two government-owned semiconductor enterprises, SGS Microelettronica (SGS Microelectronic) of Italy and Thomson Semiconducteurs (Thomson Semiconductors) of France, merged to form the corporation.

Italian SGS Microelettronica (abbreviated Società Generale Semiconduttori, or “General Semiconductor Company”) and French Thomson Semiconducteurs, Thomson’s semiconductor division, were the two government-owned semiconductor enterprises that merged to establish ST in 1987. st micro electronics

In 1972, SGS Microelettronica was founded as a result of the amalgamation of two businesses:

Founded in 1957 by Jewish-Italian engineer, politician, and businessman Adriano Olivetti, ATES (Aquila Tubi e Semiconduttori) is a manufacturer of vacuum tubes and semiconductors with its headquarters located in L’Aquila, the regional capital of the Abruzzo region in Southern Italy. In 1961, the company renamed itself Azienda Tecnica ed Elettronica del Sud and moved its manufacturing facility to the Industrial Zone of Catania, Sicily.

After socialist François Mitterrand was elected president of France in 1982, the government nationalized many industries, leading to the creation of Thomson Semiconducteurs. Among them were:

EFCIS (Étude et la Fabrication de Circuits Intégrés Spéciaux), established in 1972 at CEA-Leti; SESCOSEM, founded in 1969; Eurotechnique, established in 1979 in Rousset, Bouches-du-Rhône as a joint venture between Saint-Gobain, France, and US-based National Semiconductor; and Thomson, a French electronics company, which in 1985 acquired Mostek, a US company founded in 1969 as a spin-off of Texas Instruments, from United Technologies.

When these two businesses merged in 1987, the resultant company was called SGS-THOMSON, and Pasquale Pistorio served as its CEO. [3] After Thomson sold its interests, the company adopted its current name, STMicroelectronics, in May 1998. With sales of over US$850 million, ST was ranked 14th out of the top 20 semiconductor suppliers after its founding. Since its founding, the business has taken part in the consolidation of the semiconductor sector with acquisitions such as:

The business finished its IPO on the New York and Paris stock markets on December 8, 1994. When the business went public on the Italian Bourse in Milan in 1998, its owner, Thomson SA, sold its share in the business. In 2002, ST and Philips formed a new technical relationship with Motorola and TSMC. With the establishment of a new 12″ wafer manufacturing plant in Crolles, France, the Crolles 2 Alliance was formed. Carlo Bozotti, who had been with the company’s predecessor since 1977 and was then in charge of the memory products sector, succeeded Pasquale Pistorio as chief executive officer in 2005.[3] In 2005, ST was placed fifth, ahead of Infineon, Renesas, NEC, NXP Semiconductors, and Freescale, but behind Intel, Samsung, Texas Instruments, and Toshiba.

Freescale (formerly Motorola Semiconductors) and NXP Semiconductors (formerly Philips Semiconductors) made the decision to withdraw from the Crolles 2 Alliance in the beginning of 2007. The Alliance ended on December 31, 2007, in accordance with the conditions of the agreement.[6] A joint venture in memory applications, Numonyx, was established on May 22, 2007, when ST and Intel combined their Flash Memory operations. On April 10, 2008, ST and NXP announced the establishment of a new joint venture for their mobile activities, with ST controlling 80% of the new business and NXP 20%. This move extended the concentration of the semiconductor sector. August 20, 2008, marked the start of this cooperative endeavor. On February 10, 2009, Ericsson Mobile Platforms and ST-NXP Wireless joined together to establish ST Ericsson.

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