ST reports record year for automotive chips
January 25, 2011 // Christoph Hammerschmidt
The recovery in the global automotive markets has bestowed STMicroelectronics record revenues in Q4/2010 as well as in the entire FY2010. At the same time, the company announced a number of interesting R&D projects related to automotive technology.
ST's sales of semiconductors dedicated to automotive applications rose by 27 percent in Q4 compared to the same quarter a year earlier. During the same period, the revenue share achieved in the automotive segment rose to 15 percent of the company's total revenues of $2.83 billion. A year ago, this percentage was 13 percent.
Responsible for ST's good were a number of large automotive design wins and projects. The company gave an insight into some projects, however, without naming the respective clients. For instance, ST benefited from a tripartite cooperation with a Chinese carmaker and a European tier one to design a direct-injection engine platform which complies with the Euro 5 and China 5 emission standards. In the segment of safety, the company has received a design win from a European OEM for an integrated-brake ASIC which will complement all electronics stability controls of this OEM, beginning 2013. Another major design win was a radio navigation system built on ST's Cartesio navigation processor. This project included the development of a tuner IC and a DSP.
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