STMicroelectronics Identified by IHS as Fastest Growing Automotive-Sensors Supplier
Geneva / 10 Nov 2015STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, has been recognized by IHS, the leading global source of information and analytics, as the leader in automotive sensors for navigation and telematics, as well as the fastest growing automotive-sensor supplier worldwide.1
Focused on making driving safer, greener, and more convenient, ST is already a top supplier of integrated circuits to the automotive sector with more than 30 years’ experience across a number of vehicles subsystems, including 32-bit microcontrollers, ADAS, power and smart power, telematics, and infotainment. Leveraging this expertise and its close relationships with leading automotive suppliers, ST has rapidly built upon its leading portfolio of consumer-grade sensors to create devices that meet the stringent requirements and the specifics of the automotive market.
Starting from sensors for navigation and telematics (identified as “non-safety”), ST moved into passive safety, notably with key design wins for its sensors in airbag applications. The Company is now entering a third phase, with MEMS sensors for the most demanding applications in a vehicle: active-safety applications, such as electronic stability control (ESC).
“STMicroelectronics is really capitalizing on two major trends in the automotive MEMS sensor market,” said Jérémie Bouchaud, Senior Principal Analyst at IHS for MEMS & Sensors. “First, some tier-1 companies are beginning to outsource more and more sensing, including safety-critical applications like airbags and especially electronic stability control, where adoption rate is particularly high due the mandated adoption in major automotive markets. And second, low-cost, multiple-axis sensors such as monolithic 3-axis gyroscopes and 3-axis accelerometers from consumer suppliers are simplifying mounting and adding functionality through the extra measurement axes, which are essentially ‘coming for free’ in an inertial measurement unit with gyroscope and accelerometer that is comparable to existing automotive sensors in price but with less axes of measurement.”
About STMicroelectronics
ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power and automotive products and embedded processing solutions. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, ST is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, ST stands for life.augmented.
In 2014, the Company’s net revenues were $7.40 billion. Further information on ST can be found at www.st.com.
1 IHS MEMS Market Tracker Database - Automotive - H1 2015
