|Exchange:||New York Stock Exchange|
|STMicroelectronics NV was formed and incorporated in 1987. The Company is a semiconductor company that designs, develops, manufactures and markets a range of semiconductor products used in different microelectronic applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. The Company offers a diversified product portfolio and develops products for different market applications to reduce its dependence on any single product, application or end market. The Company's product families comprised of differentiated application-specific products that it organized under the Automotive, Consumer, Computer and Communication Infrastructure Product Groups and Wireless Products Sector and power devices, microcontrollers, discrete products, special nonvolatile memory and Smartcard products organized under its Industrial and Multi-segment Products Sector. Automotive, Consumer, Computer and Communication Infrastructure Product Groups, comprised of three product lines: Home, Entertainment & Displays, which now includes the Imaging division; Automotive Products Group; and Computer and Communication Infrastructure, which now includes the Communication Infrastructure division. Industrial and Multi-segment Products Sector, comprised of: Analog, Power and Micro-Electro-Mechanical Systems; and Microcontrollers, non-Flash, non-volatile Memory and Smartcard products. Wireless Products Sector, comprised of three product lines: Wireless Multi Media; Connectivity & Peripherals; and Cellular Systems. The Company’s products are manufactured and designed using different manufacturing processes and proprietary design methods. The Company uses all of the prevalent function-oriented process technologies, including complementary metal-on silicon oxide semiconductor, bipolar and nonvolatile memory technologies. The Company’s manufacturing processes uses many raw materials, including silicon wafers, lead frames, mold compound, ceramic packages and chemicals and gases. The three types of suppliers in the business are equipment suppliers, raw material suppliers and external subcontractors. The Company operated regional sales organizations in Europe, North America, Asia Pacific, Greater China, Japan, and Emerging Markets, which include Latin America, the Middle East and Africa, Europe, Russia and India. It uses distributors and representatives to distribute its products globally. It also sells and delivers its products to electronic manufacturing service providers (EMS), which, on a contractual basis with its customers, incorporates its products into the application-specific products which it, manufacture for the customers. The Company's customers include Bosch, Cisco, Continental, Delphi, Delta, Garmin, Hewlett-Packard, LG Electronics, Nintendo, Nokia, Philips, Research in Motion, Samsung, Seagate, Sharp, Siemens, Sony Ericsson, Thomson and Western Digital. The Company competes with Analog Devices, Broadcom, Infineon Technologies, Intel, International Rectifier, Fairchild Semiconductor, Freescale Semiconductor, Linear Technology, LSI Logic, Marvell Technology Group, Maxim Integrated Products, Microchip Technology, National Semiconductor, NEC Electronics, NXP Semiconductors, ON Semiconductor, Qualcomm, Renesas, ROHM Semiconductor, Samsung, Texas Instruments and Toshiba.|
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