ST-Ericsson is new name for Wireless-Semiconductor Industry Leader

ST-Ericsson takes center-stage as a force in the wireless semiconductor industry; a key supplier to four of the top five handset manufacturers, with combined pro-forma revenues of about US$3.6bn in 2008, and a solid cash position of US$400mn.

“ST-Ericsson is born as a leader, drawing upon the strong heritage of some of the best wireless companies. Thanks to our cumulative experience, unique portfolio and long-standing relationships with the top handset manufacturers, ST-Ericsson has the four fundamental components necessary for success: a commitment to innovation, a complete portfolio of wireless solutions, a solid reputation as a reliable and trusted partner and an experienced management team focused on execution,” said Alain Dutheil, President and CEO of ST-Ericsson. “The strong backing of experienced parent companies, combined with the highly complementary and compatible cultures, gives ST-Ericsson an optimal starting point for quickly consolidating its position as a sustainable leader.

Dutheil stressed the primary importance of technology innovation to the new company. “We have the scale to invest and bring to market the technologies that will give our customers the momentum to succeed,” he added. “We will build on a well-established tradition of technology and innovation leadership to create a well focused R&D powerhouse.”

One of the most comprehensive IP portfolios in the industry reflects ST-Ericsson’s unrivalled R&D lineage. With almost 85 percent of its workforce in R&D and a large collection of important patents to its credit, ST-Ericsson will enable its customers to optimize existing technologies, while developing new ones for the future needs of the market. This commitment to R&D provides faster time-to-market and better return on investment for the Company’s customers.

ST-Ericsson is unique in its ability to deliver state-of-the-art mobile multimedia, connectivity and platform solutions including reference designs for GSM, EDGE, WCDMA, HSPA, as well as TD-SCDMA and LTE. The Company’s multimedia and application processors, supporting all major operating systems (OS), will power next-generation devices. Its industry-leading connectivity and broadcast solutions span Bluetooth, FM, GPS, WLAN, Near Field Communications and USB to provide the richest wireless experience. ST-Ericsson’s world-class solutions cover all market segments, from entry level to smartphone, and can be delivered as completely integrated solutions, as well as individual components.

ST-Ericsson has long-standing relationships with all major handset manufacturers and is a leading supplier to Nokia, Samsung, Sony Ericsson, LG and Sharp, as well as to other exciting industry leaders.