STMicroelectronics Brings Smart Living to Consumers
Two ST keynotes highlight leadership in the Internet-of-Things market at Asia’s biggest ICT show Taipei, Taiwan / 26 May 2015STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, today announced that its Executive Vice President and President of Greater China and South Asia Region, Francois Guibert, and its Executive Vice President and General Manager of Analog, MEMS & Sensors Group, Benedetto Vigna, will speak at the COMPUTEX Taipei 2015 Summit Forum and Smart City Forum, respectively.
The Internet of Things is a major opportunity to use technology to solve important global societal challenges and improve people’s lives. It will have a strong impact on infrastructure, industry standards, security, and business models, creating opportunities for everyone in the ecosystem. The two ST executives will discuss the key drivers, challenges, and implications of IoT, and share successful stories of how semiconductor technologies can bring smart living to consumers, from wearables to smart cities.
International Data Corporation (IDC) has predicted the Asia/Pacific IoT industry will continue its strong growth, with the number of units - or 'things' - connected to increase from 3.1 billion in 2015 to 8.6 billion by 2020. Over the same period, the total Asia/Pacific IoT market, excluding Japan, will increase from $250 billion (Bt8.09 trillion) to $583 billion. The IoT industry has matured considerably over the past year, with a number of large government initiatives in the region, and China in particular, driving demand.
“Wearable devices have been a strong part of the first wave of the Internet of Things building on the broad availability of smartphones. As a global market leader in MEMS and sensors, ARM® Cortex®-based microcontrollers, connectivity, analog, and power management, ST has its advanced semiconductor solutions integrated in many wearable devices -- from smart watches to sports wristbands -- and there will be more. We will continue to enable and drive wearable innovations,” said ST’s Francois Guibert.
At the COMPUTEX Taipei 2015 Summit Forum, Guibert will also analyze how software and services integrate into wearables and sensors to create sensor-defined networks in our lives.
“The global population continues to grow, accompanied by a population shift toward urban centers, with more than 60 percent of the world’s population forecast to live in cities by 2050. These trends will further increase the challenges for cities to manage traffic, pollution, energy, and natural resources. Clearly, we need to ‘do more with less’ and see the deployment of comprehensive IoT systems as a key to the dilemma,” added ST’s Benedetto Vigna.
At the COMPUTEX Taipei 2015 Smart City Forum, Vigna will examine ways in which smart, environmentally aware, and connected systems can support the development of tomorrow’s smart cities.
The COMPUTEX 2015 Smart City Forum will take place on Tuesday, June 2, 2015, from 14:00 to 17:15, and the Summit Forum is on Wednesday, June 3, 2015, from 9:00 to 13:00. Both events are located at Banquet Hall, 3F, Taipei International Convention Center.
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.
For Press Information Contact:
STMicroelectronics
Jennifer Cheng
Corporate External Communications Manager – Greater China
+886 (2) 6603 - 2505
jennifer.cheng@st.com
