Based in Geneva, Switzerland, STMicroelectronics N.V. (STM) is a global independent semiconductor company. It designs, develops, manufactures, and markets a broad range of semiconductor integrated circuits (ICs) and discrete devices. These devices are used in a wide variety of microelectronic applications, including telecommunication systems, computer systems, consumer products, automotive products, and industrial automation and control systems. The company operates in Europe (which contributed approximately 36.4% of 2006 revenues), North America (10.5%), Asia-Pacific (47.7%), Japan (4.1%), and other Emerging Markets, comprising Latin America, Africa, Eastern Europe, the Middle East, and India (1.4%). The company is broken into three specific product segments, starting Jan. 1st, 2007:

Application Specific Product Group (ASP) is the largest segment of STM (54.0% of revenues in the first nine months of 2007), and is responsible for the design, development and manufacture of application-specific products using advanced bi-polar, CMOS, BiCMOS mixed signal and power technologies. This group is comprised of three major product lines The new Mobile, Multimedia & Communications (MMC) Products, the Computer Peripherals Products (CPP), and The Automotive Products (APG). The MMC group chip sets that are used in wireless and consumer applications, home entertainment and home video devices, cable and IP solutions, audio devices, and communications infrastructure. The CPP group offers chip solutions specializing in data storage, printing, and microfluidics. The APG's products consist of alternator regulators, airbag controllers, anti-skid braking systems, ignition circuits, and engine management, and others.

(Read more at Wikinvest )