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 email@example.com ST Hyundai Cooperation ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: STMicroelectronics via Thomson Reuters ONE HUG#1678672
STMicroelectronics : STMicroelectronics and Hyundai Autron Cooperate to Develop Integrated Products for Next-Generation
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