About STMicroelectronics N.V.

STMicroelectronics N.V. operates as a global semiconductor company. The company designs, develops, manufactures and markets a broad range of products used in a wide variety of applications for the four end-markets it addresses automotive, industrial, personal electronics and communications equipment, computers and peripherals. For the automotive and industrial markets, the company addresses a wide customer base, particularly in industrial, with a broad and deep product portfolio. In personal electronics and communications equipment, computers and peripherals the company has a selective approach both in terms of the customers it serves, as well as in the technologies and products it offers, while leveraging its broad portfolio to address high-volume applications. The company's diverse product portfolio includes discrete and general purpose components, application-specific integrated circuits (ASICs), full-custom devices and semi-custom devices and application-specific standard products (ASSPs) for analog, digital and mixed-signal applications. It benefits from a unique, strong foundation of proprietary and differentiated leading-edge technologies. The company uses all of the prevalent function-oriented process technologies, including complementary metal-on silicon oxide semiconductors (CMOS), bipolar and non-volatile memory technologies. In addition, by combining basic processes, it has developed advanced systems-oriented technologies that enable it to produce differentiated and application-specific products, including fully depleted silicon-on-insulator (FD-SOI) technology offering superior performance and power efficiency compared to bulk CMOS, bipolar CMOS (Bi-CMOS) and radio frequency silicon-on-insulator (RF-SOI) for mixed-signal and high-frequency applications, as well as a combination of Bipolar, CMOS and DMOS (BCD), vertically integrated power (VIPower), and intelligent integrated gallium-nitride (STI2GaN) technologies for smart power applications, Power MOSFET, silicon carbide (SiC) and gallium- nitride (GaN) for high-efficiency systems, Micro-Electro-Mechanical Systems (MEMS) technologies for sensors and actuators, embedded memory technologies for its microcontrollers and differentiated optical sensing technologies for its optical sensing solutions. Strategy The company has over 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. As an integrated device manufacturer, the company works with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. The company's strategy focuses on long-term value creation for it and its affiliated enterprises and takes into account the short-, medium- and longer-term evolution of the markets it serves and the environment and opportunities it sees. The company focuses on application areas which are expected to experience solid growth rates driven by broad, long-term trends in electronic systems. These trends require enablers such as autonomous systems, robotics, securely connected machines and personal devices, digitalization and electrification of automobiles and infrastructure, advanced communications equipment and networks and more power efficient systems. These enablers drive in turn the demand for the electronic components the company develops and manufactures. Product Information With its portfolio of semiconductor products, the company serves customers across the spectrum of electronics applications with innovative solutions. The company has a portfolio of power products and analog products, including sensors, signal channel devices and output power stages - discrete and/or integrated - as well as complete power management blocks. The company's analog products, including both general purpose and application specific, can fulfill the needs of a wide range of designs and systems. The company also has digital products that are at the heart of electronics systems, including microcontrollers and microprocessors, ASICs and optical sensing solutions. The company's full set of microcontrollers and microprocessors includes one of the industry's broadest ranges of general-purpose devices serving all market segments, microprocessors addressing the industrial market, secure microcontrollers for mobile devices, wearables, banking, identification, industrial, automotive and Internet of Things (IoT) markets and a series of embedded processing solutions for its strategic end-markets (automotive, industrial, personal electronics and communications equipment, computers and peripherals). The company is one of the leading suppliers and innovators in the domain of semiconductor devices dedicated to automotive applications. The company has a portfolio spanning complex power train, audio and infotainment devices and body and convenience dedicated and standard functions, as well as a broad offering of components for advanced driver assistance systems (ADAS), dedicated automotive microcontrollers, MEMS automotive sensors and power drivers, including SiC and GaN devices for hybrid and electric cars. The products designed and manufactured specifically for automotive applications are complemented by a large range of automotive grade standard products, both tested and guaranteed to perform under stringent automotive environmental conditions. Segments In the first quarter of 2024, the company announced that it is re-organizing its product groups and segments to further accelerate its time-to-market and speed of product development innovation and efficiency. Effective as of February 5, 2024, the company has moved from three product groups and three reportable segments (ADG, AMS and MDG), to two product groups and four reportable segments (the Product Group Reorganization), as follows: Analog, Power & Discrete, MEMS and Sensors, led by Marco Cassis, ST President and member of the Executive Committee, including two reportable segments (Analog Products, MEMS and Sensors and Power and Discrete Products; and Microcontrollers, Digital ICs and RF products, led by Remi El-Ouazzane, ST President and member of the Executive Committee, including two segments (Microcontrollers, and Digital ICs and RF Products. Automotive and Discrete Group (ADG) Dedicated Automotive ICs The company is a top automotive semiconductor vendor supplying innovative solutions to the automotive industry worldwide. The company combines an unparalleled platform of advanced technologies with an unswerving commitment to quality, and a thorough understanding of the automotive market gained through close collaboration with leading customers. The company's automotive-solutions portfolio is enabling the electrification and digitalization of the car and covers all key application areas including Powertrain, Chassis, Safety and Security, including ADAS, Body Electronics, Telematics & Infotainment and Connectivity. For Powertrain, the company provides silicon solutions for the full range of engine-management systems: from motorbikes and scooters to the most advanced drive-by-wire solutions. The company continues to work closely with major automotive OEMs, as it has for decades, to reduce fuel consumption and CO2 emission via advanced technologies such as Variable Valve Timing and Gasoline Direct Injection and Battery Management for hybrid and full electric cars. Thanks to the cooperation with certain leading car makers, its microcontrollers are in the electrical engines of leading hybrid and electric cars. The first automotive microcontrollers to feature multiple Arm Cortex-R52 cores with on-chip non-volatile memory for safe, real-time performance, its Stellar microcontrollers provide advanced connectivity and security features to support the transition to service-oriented automotive system architectures. For chassis applications, the company provides a broad range of solutions to increase vehicle-occupant safety, including devices for airbags, anti-lock brakes, traction control, electric power steering and active suspension systems. The company is a leading supplier of chips for automotive airbags and anti-lock braking systems, which represent the largest portion of automotive safety electronics. The company is a leading player in ADAS that help avoid or minimize the severity of traffic accidents. The company manufactures leading-edge products for vision and radar (both short range 24 GHz and long range 77 GHz) based systems that assist the driver with capabilities, such as lane-departure warning, forward-collision warning, vision/radar fusion and pedestrian detection, including specific modular solutions for the mass market. The company produces vision based ADAS solutions fully compliant with level 2+ and level 3 autonomous systems and it is prototyping ASICs fully compliant with level 4 autonomous systems. In conjunction with partners, the company also produces V2X (vehicle to vehicle and vehicle to infrastructure) connectivity solution, and it is working on solutions to grant full connectivity using multiple channels, such as Wi-Fi, radar and GNSS. The company addresses the concept of the smart junction box, which is an intelligent power and switching center for the vehicle that integrates functions and features from exterior and cabin lighting to wipers, with a comprehensive architecture that consists of upgradable hardware and software modules. With its proprietary VIPower silicon technology and thorough application knowledge, the company has become a market leader in automotive lighting electronics, offering solutions for both exterior and interior lighting, from incandescent bulbs to LED- or HID-based systems. The company's car infotainment and telematics portfolio includes complete turnkey solutions for digital radio, navigation and telematics, and wireless connectivity in the car. The company produces all of the semiconductor components for car radios - from the tuner through the baseband to multimedia processing and playback. The company's car-radio systems are optimized for harsh reception environments and minimized power consumption. The company's portfolio of products for navigation also includes a family of System-on-Chip solutions capable of receiving signals from multiple satellite navigation systems to improve user position accuracy and navigation in poor satellite visibility conditions, such as in urban canyons. Discrete and Power Transistor Discrete and power transistors families include both power products and protection devices serving the company's strategic end markets (automotive, industrial, personal electronics and communications equipment, computers and peripherals). Leading-edge power technologies for both high-voltage and low-voltage applications combined with a full package range and innovative die bonding technologies exemplify the company's innovation in power transistors. The company's portfolio includes silicon MOSFETs ranging from 12 to 1700 V, SiC MOSFETs from 650 to 2200 V featuring the industry's highest temperature rating of 200°C, IGBTs with breakdown voltages ranging from 300 to 1700 V and a wide range of power bipolar transistors. The company is expanding its offering based on wide bandgap materials with a full range of GaN-based power device solutions targeting a wide variety of applications. The company's portfolio of protection devices supports all industry requirements for electrical overstress and electrostatic surge protection, lightning surge protection and automotive protection. The company's protection devices have passed all certifications, meeting or exceeding international protection standards for electrical hazards on electronics boards found in the demanding automotive, industrial, personal electronics and communications equipment, computers and peripherals. Analog, MEMS and Sensors Group (AMS) Analog, Smart Power, Touch Screen Controllers The company develops a broad range of innovative power, smart power and analog ICs, to serve markets such as those relating to smart grid, cloud computing, automation, personal electronics and power conversion. These product families include Industrial ASICs and ASSPs, covering motion control, power and energy management and factory automation, General Purpose Analog Products, which includes high end analog front-end products, as well as standard interfaces and Custom Analog ICs, mainly power management ICs for data storage, servers and portable power management devices. In 2023, the company further deployed wireless charging solutions and enlarged its offering to cover low to high power products and across personal electronics applications from smartphones to wearables and industrial battery management enabling fast charging applications. The company also expanded its presence in the automotive and industrial markets with its Galvanic Isolated Gate Drivers (also known as STGAP Family). The company also develops a comprehensive range of operational amplifiers (both low-voltage and high-voltage), comparators and current-sense amplifiers. In addition to its portfolio of mainstream operational amplifiers and comparators, the company offers specific products for healthcare, industrial, and automotive applications, as well as a range of high-performance products specifically designed to meet the strict requirements of the wearable market. In 2023, the company introduced further devices in its MasterGaN family and the new ViperGaN family, integrating a silicon driver and GaN power transistors in a single package. The company's connectivity ICs range from wireline to wireless solutions. The company optimizes its products for reliability of the communication channel and low power consumption. For wireline communication, the company offers a complete family of transceivers compatible with different protocol standards used in the industry (PRIME, Meters and More, IEC 61334-5-1, CAN and others). The company's FingerTip family of Touch Screen Controllers provides true multi-touch capability, supporting unlimited simultaneous touches, and it is optimized for the extreme low power consumption. FingerTip also enhances multi-touch actions such as pinch-to-zoom, supports stylus operations and is compatible with both flat and curved display panel. MEMS Sensors and Actuators The company's MEMS portfolio includes both Sensors and Actuators. The company sells its MEMS products in a broad range of application fields, including smartphones, personal devices, computers, automotive, industrial, healthcare and IoT. MEMS Sensors include Motion MEMS (accelerometers, gyroscopes, magnetic sensors), Environmental Sensors (pressure, humidity and temperature) and Microphones. The company offers a unique sensor portfolio, from discrete to fully-integrated solutions, high performance sensor fusion to improve the accuracy of multi-axis sensor systems in order to enable highly-demanding applications, such as indoor navigation and location-based services, optical image stabilization and high-level quality products. The company's latest range of smart sensors includes machine learning and edge AI processing capabilities built into the sensor. MEMS actuators include Thermal and Piezoelectric Actuators for 2D and 3D Printing in Consumer, Commercial and Industrial market applications; Piezoelectric Actuators for applications, such as smartphone camera auto focus and MEMS loudspeakers; and Piezoelectric, Electrostatic and Electromagnetic Actuators for emerging VR/AR applications such as its MEMS ScanAR technology, ultra-low power depth cameras and LIDAR Systems for assisted Smart Driving. Optical Sensing Solutions The company also has a broad portfolio of optical sensing solutions based on its proprietary differentiated technologies such as FlightSense, addressing various markets, and in particular the fast growing 3D sensing consumer and automotive applications, such as in-cabin monitoring and occupant detection. The company's optical sensing solutions are composed of both specialized components developed for dedicated customers' systems; and full optical sense and illumination system solutions targeting multiple customers. Microcontrollers and Digital ICs Group (MDG) Microcontrollers & Microprocessors The company's general purpose microcontroller product portfolio largely contains families of products based on 32-bit ARM-based Cortex-M0, -M0+, -M3, -M4, and M33 with the ARM TrustZone. The STM32U5, for secure & Ultra-Low-Power applications for the mass market, based on the Cortex-M33 with the ARM TrustZone received level 3 Platform Security Architecture and Security Evaluation Standard for IOT Platform security certifications, taking IOT cyber-protection to the next level. For each product family, a broad selection of features is available with respect to microcontroller performance, ultra-low-power, memory size, peripherals, and packaging. Numerous dedicated families include features such as the company's TouchGFX advanced 3D graphics, dedicated peripherals for industrial motor controls, security features, and low-power wireless connectivity. The company's microprocessors product line targeting the industrial market is based on 32-bit ARM-based Cortex-A7 Core, complemented by an integrated Cortex-M4 and a dedicated Linux distribution. The STM32 family based on the ARM Cortex-M and -A processors are designed to offer significant degrees of freedom to microcontroller and microprocessors users. The product range combines very high performance, real-time capabilities, digital signal processing, and low-power, low-voltage operation, while maintaining full integration and ease of development. The company offers an unparalleled range of STM32 devices, accompanied by a vast choice of tools and software including support for Industrial Safety Standard IEC 61508 SIL2/3, Human Machine Interface. The company's dedicated STM32 Cube-AI toolbox for Artificial Intelligence includes Machine learning and neural networks. This comprehensive portfolio makes the company's STM32 an ideal choice for enabling ever smarter objects for an increasingly broad range of applications. In 2023, the company continued to strengthen its STM32 microcontroller ecosystem with various releases and updates of STM32Cube, STM32Cube.AI, NanoEdge AI Studio, CubeMX, TouchGFX and MCU Edge-AI Developer Cloud. Together with Microsoft, the company developed a highly secure Azure IoT cloud reference implementation embedding the STM32U5, Microsoft Azure RTOS and the STSAFE-A110 secure element. Together with Amazon Web Services, the company also developed a new secure AWS FreeRTOS-qualified reference implementation embedding the STM32U5 and the STSAFE-A110 secure element. Secure Microcontrollers The company offers leading products for secure applications in traditional smartcard applications and embedded security applications. Throughout its 30+ year presence in the smartcard security industry, the company has supplied the market's most advanced technologies and solutions, with a continuous focus on innovation and the highest levels of security certification. The company's expertise in security is key to its leadership in the mobile communications, banking, digital identity, IoT security, pay-TV and transport fields. The company is the leading supplier for the Embedded SIM market and it is scaling-up in secure mobile transactions using Near Field Communication (NFC) for mobile phones, trusted computing, brand protection and security for IoT devices. The company's secure microcontroller product portfolio offers compliance with the latest security standards up to Common Criteria EAL6+, ICAO, and TCG1.2. The company's secure microcontrollers cover a complete range of interfaces for both contact and contactless communication, including ISO 7816, ISO 14443 Type A & B, NFC, USB, SPI and I²C. The company's secure-microcontroller platforms rely on a highly secure architecture combined with leading-edge CPUs, such as ARM's SC300 and SC000, and its proprietary advanced embedded non-volatile memory technologies such as 40 nm embedded Flash and 80 nm embedded EEPROM technologies. Memories The company's wide range of small density serial non-volatile memories has among the highest industry performance. The serial EEPROM family ranges from 1 Kbit to 32 Mbits and offers the most common serial interfaces to facilitate adoption: I²C, SPI and Microwire. The company's wide range of products are also automotive compliant. Very small package options are available for applications where space is critical, such as in camera modules for consumer and mobile devices. The company offers RF memory and transceiver products that are key for logistic and retail applications and are based on the industry standard for short range High-Frequency RFID ISO 14443 and 15693. The products are compatible with all NFC technology standards, as defined by the NFC Forum, where ST plays a key role, including the latest NFC type 5. The company offers one of the most comprehensive portfolios, which includes NFC/RFID readers, Dynamic NFC/RFID tags, also known as Dual Interface NFC/RFID tags, and Standalone NFC/RFID tags. The company also offers RFID Readers operating in the UHF bands for longer range logistics operation. RF Communications and ASICs The company offers RF, digital and mixed-signal ASICs, which are based on its proprietary FD-SOI, RF-SOI, and SiGe technologies, as well as foundry-based FinFET technologies, for satellite communications (satellites, ground stations, user antennas and terminals), as well as networking infrastructure. The company also uses its proprietary FD-SOI, RF-SOI, and SiGe technologies to provide RF and mmWave components, based on its know-how in analog and digital beamforming design techniques, to address Massive MIMO Antenna Architectures. The company's unique combination of differentiated Silicon technologies and design expertise is particularly pertinent to address the markets for satellite constellations and user terminals, 5G infrastructure RF Front-End, and transceivers for very-short-range ultra-low-power 60 GHz multi-Gigabit/second links. Customers and Applications The company designs, develops, manufactures and markets thousands of products which it sells to over 200,000 customers. The company emphasizes a broad and balanced product portfolio, in the applications and regional markets it serves, which helps foster closer, strategic relationships with customers. The company's major customers include Apple, Bosch, Continental, HP, Huawei, Hyundai Motor, Mobileye, Samsung, SpaceX and Tesla. This broad product breadth provides opportunities to enable application solutions and to supply such customers' requirements for all their product and technology needs. The company also sells its products through its distribution channel. In Automotive, the company has identified a significant evolution of the relationship with customers. Historically, semiconductor companies addressed the needs of carmakers mostly through tier-1 and/or tier-2 automotive industry suppliers with whom it works closely. Sales, Marketing and Distribution The company's sales and marketing is organized by a combination of regional and key account coverage with the primary objective of accelerating sales growth and gaining market share. Emphasis is placed on strengthening the development of its global and major local accounts; boosting demand creation through an enhanced focus on geographical and key account coverage with strong technical and application expertise, supported in the mass market by its distribution channel and local initiatives; and establishing regional sales and marketing teams that are fully aligned with its strategic end-markets: automotive, industrial, personal electronics and communications equipment, computers and peripherals. The company has four regional sales organizations reporting to a global head of Sales & Marketing: Americas, APeC (Asia Pacific excluding China), China and EMEA (Europe, Middle-East and Africa). The company's regional sales organizations have a similar structure to enhance global coordination and go-to-market activities. The sales and marketing teams are strongly focused on profitable revenue growth and business performance, as well as on fostering demand creation, expanding the customer base, maximizing market share, developing new product- roadmaps and providing the best technical and application support in the field for its customers. The sales and marketing activities are supported by sales engineers, system marketing, product marketing, application labs, competence centers, field application engineers and quality engineers. In the first quarter of 2024, the company announced that it will complement the existing Sales & Marketing organization by implementing a new application-specific marketing organization by segment, offering customers end-to-end system solutions based on its product and technology portfolio, covering the following four end markets, such as automotive; industrial power and energy; industrial automation, IoT and AI; and personal electronics, communication equipment and computer peripherals. The company engages distributors and sales representatives to distribute and promote its products around the world. Typically, distributors handle a wide variety of products, including those that compete with it. The company's distributors have a dual role, in that they assist in fulfilling the demand of its customers by servicing their orders, while also supporting the creation of product demand and business development. At the request of certain customers, the company also sells and delivers its products to electronics manufacturing services (EMS) companies, which, on a contractual basis with its customers, incorporate its products into the application specific products they manufacture for its customers. The company also sells products to original design manufacturers (ODM). ODMs manufacture products for the company's customers much like EMS companies do, but they also design applications for its customers, and in doing so themselves select the products and suppliers that they wish to purchase from. Research and Development The company's research and development expenses included $2,100 million in 2023. Intellectual Property (IP) The company owns approximately 20,000 patents and pending patent applications. Seasonality The company's sales are affected by seasonality, with the first quarter generally showing lowest revenue levels in the year, and the third or fourth quarter (year ended December 31, 2023) historically generating higher amounts of revenues partly as a result of the seasonal dynamics for smartphone applications dynamics. The company also sells certain products to key customers pursuant to frame contracts. Frame contracts are annual contracts with customers setting forth quantities and prices on specific products that may be ordered in the future. These contracts allow the company to schedule production capacity in advance and allow customers to manage their inventory levels consistent with just-in-time principles while shortening the cycle times required to produce ordered products. Environmental Matters The company is certified to be in compliance with quality standard ISO 9001 on a Company-wide basis. The company implements the highest standards across its manufacturing activities and supply chain. The majority of the company's manufacturing sites are ISO 14001 (environment), ISO 14064 (greenhouse gas emissions), and ISO 50001 (energy) certified and EMAS validated. History STMicroelectronics N.V. was founded in 1987. The company was incorporated in 1987 under the laws of the Netherlands.