STMicroelectronics and Great Wall Motor Establish Joint Laboratory to Drive the Development of New-Generation Automobiles

STMicroelectronics and Great Wall Motor Establish Joint Laboratory to Drive the 
Development of New-Generation Automobiles 
BEIJING -- (Marketwired) -- 07/02/13 --  STMicroelectronics (NYSE:
STM), a global semiconductor leader serving customers across the
spectrum of electronics applications and a leading supplier of
automotive electronics, together with Great Wall Motor Company
Limited (GWM), China's leading SUV and pickup manufacturer and
privately owned enterprise, today announced a strategic partnership
and the establishment of a joint development laboratory at GWM's
Technical Center. The joint lab will focus on advanced research and
development of cutting-edge solutions in powertrain, chassis, safety,
car body, car infotainment, as well as new-energy technologies and
other automotive applications.  
ST will contribute its newest automotive-electronics technologies and
solutions including GDI (Gasoline Direct Injection) and BCM (Body
Control Modules), automotive-class devices such as the PowerPC(TM)
series 32-bit microcontrollers, highly integrated solutions for EMS
(Engine Management System) and Safety (Passive and Active), complete
platforms for Infotainment (Audio, Video, Connectivity and
Navigation), reference designs, development tools, technical support
and trainings for many different automotive applications.  
"The automotive electronics market is seeing rapid growth. Confronted
with unprecedented competitive pressure, local automotive companies
must implement strategic transformation and develop their own core
technologies to compete with joint-venture brands. With consumers
paying more attention to safety and comfort in the car, those are
among the areas in which we can add great value," said Mr. Huang
Yong, Senior Vice President and Chief Director of Technical Center,
Great Wall Motor. "The establishment of a joint laboratory with ST
will play a very important role in helping GWM to enhance our core
competences in automotive electronics and it will build a solid
foundation for deep cooperation of both parties in the future." 
"We are honored to cooperate with Great Wall, one of the most
innovative and fastest growing car makers in China. The market and
the consumers are increasingly asking for better fuel efficiency,
safety, comfort and infotainment, and we are bringing all the right
ingredients to this co-operation: leading-edge technologies and
products, expertise, and total commitment to Automotive," said Marco
Monti, Executive Vice President, General Manager of Automotive
Product Group, STMicroelectronics. "The cooperation of Great Wall and
ST is well positioned to address and anticipate the requirements and
new directions in automotive electronics applications." 
About Great Wall Motor Company 
 Great Wall Motor Company Limited
(GWM), as China's leading SUV and pickup manufacturer and privately
owned enterprise, was listed both on H share market in Hong Kong and
A share market in Chinese Mainland. It has over 50 holding
subsidiaries with more than 56,000 employees. Currently, the products
range covers three main categories of Haval SUV, Great Wall PC and
Wingle Pickup. Based on the Baoding and Tianjin production bases GWM
has already reached the production capability of 800,000 vehicles and
components as well as the independent matching capacity of core
components such as engine and transmission etc.  
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. 
ST and GWM Joint Automotive Lab:
http://hugin.info/152740/R/1713451/568793.pdf 
For further information please contact:
Grace Deng 
Sr. Corporate External Communications Executive
STMicroelectronics
+86 10 5797 9928
grace.deng@st.com
 
 
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