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STMicroelectronics : STMicroelectronics and Hyundai Autron Cooperate to Develop Integrated Products for Next-Generation



   STMicroelectronics : STMicroelectronics and Hyundai Autron Cooperate to
           Develop Integrated Products for Next-Generation Vehicles

   Joint effort will drive innovative engine-train and smart-power products

Geneva, February 15, 2013 -STMicroelectronics (NYSE: STM), a global
semiconductor leader serving customers across the spectrum of electronics
applicationsand a committed automotive semiconductor supplier since its birth
in 1987, announced today that it had reached agreement with Hyundai Autron,
the electronics subsidiary of Hyundai Motors Group of Korea, to collaborate
together to develop world-class electronic control systems for automotive
applications.

ST and Hyundai Autron engineers are beginning the project by targeting
semiconductors for power-train applications and specifically for engine
management units. The two companies are simultaneously exploring expanding the
cooperation into other applications. The effort is starting with using
existing ST Application Specific Standard Products in new-generation vehicles
expected to sample later this year; jointly-designed products should begin to
appear soon after.

ST brings its market-tested, reliable automotive technologies, including
industry-leading smart-power technologies, such as BCD (Bipolar-CMOS-DMOS) to
the cooperation. The ST's smart-power technologies enable effective
integration of interface, control, and communication functions together with
the power-driver section and a cost-effective implementation of distributed
intelligence.

"With electronic systems playing an increasing role in precise vehicle
control, outstanding quality and modest cost are both critical to success,"
said Myunghee Lee, Sr. Vice President of Hyundai Autron. "As a long-time,
leading player in automotive and a reliable partner with a broad technology
portfolio, in-house manufacturing and proven commitment to automotive, ST was
a good fit for us."

"Hyundai Autron, like ST, is highly focused on quality and value in its
products and both companies believe ST's world-class technology, reliability,
manufacturing strength and design expertise can make a significant
contribution to one of the fastest-growing car brands globally," said Marco
Monti, Executive Vice-President and General Manager, STMicroelectronics
Automotive Product Group. "We are excited to begin our journey with Hyundai
Autron and look forward to helping them achieve their goals."

Notes for Editors

ST's automotive competencies span a broad range of technologies such as its
proprietary BCD(TM) Smartpower; advanced CMOS; embedded flash; VIPower^TM for
motor and LED-lighting control, power discretes (low- and high-voltage
silicon, SiC, GaN), CMOS imaging, and MEMS motion sensors used throughout
advanced chassis controls, safety systems and navigation devices. ST has its
own fabrication capacity for automotive for all of these technologies.

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 2012, the Company's net revenues were $8.49 billion. Further information on
ST can be found at www.st.com.

 

For Press Information Contact:
STMicroelectronics
Michael Markowitz
Director Technical Media Relations
+1 781 591 0354
michael.markowitz@st.com

ST Hyundai Cooperation

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Source: STMicroelectronics via Thomson Reuters ONE
HUG#1678672
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