STMicroelectronics (STM) is a global semiconductor company. It serves customers via four segments: Automotive, Industrial, Personal Electronics and Communication Equipment. STM distinguishes between three product groups: Analaog, MEMS & Sensors Group (40% of revenue), Automotive & Discrete Group (31% of sales) and Microcontrollers & Digital ICs Group (29% of revenue). The company derives approximately 70% of its revenue from Asia, 20% from EMEA and 10% from the Americas.
STMicroelectronics was formed in 1987 by the merger of semiconductor companies SGS Microelettronica of Italy and Thomson Semiconducteurs, the semiconductor arm of France's Thomson.
Through its broad portfolio of products, STM addresses several sustainability issues:
- ST's chips for automotive enable safer, greener and a more connected way of driving, enabling self-driving, vehicle-to-vehicle and infrastructure communication, and electrification. The first two contribute to decreasing the number of road accidents, given that most accidents are caused by human errors. The latter contributes to cutting emissions and resource consumption.
- ST also supplies products that contribute to better use of infrastructure (traffic flow, adaptive street lighting etc.) and that are used to build smart grids. Smart grids are key to optimize the energy generated from both conventional and renewable resources as they can match supply with demand.
- ST also has a Sustainable Technology program that aims to develop products that improve the social and environmental footprint at every stage of the product's life. In addition, these products should have the greatest positive impact on the planet and people in the end-application. Such products should contribute 30% to revenue by 2025 (vs 13% in 2018). In 2020, 63% of new products were part of the ST Sustainable Technology program.
With a strong focus on sustainability in its production processes, STM aims to limit its environmental footprint.