GENEVA--(Marketwire - Dec 14, 2012) - STMicroelectronics (
"Worldwide, IEEE standards are at work today advancing technology to the marketplace for the benefit of humanity, and it is industry partners such as STMicroelectronics who drive these standards to fruition," said Steve Mills, President, IEEE Standards Association. "STMicroelectronics deserves a hearty congratulations for receiving the 2012 IEEE-SA Corporate Award. We are proud to recognize STMicroelectronics for its work in standards development, as it applies to semiconductor solutions, and for its commitment to the value of standards in bringing about the world that humankind desires."
"ST has been a long-standing contributor and a driving force behind a wide spectrum of IEEE standards, from the wireless LAN specifications to home networking and power-line communications," said Joel Huloux, Director, Standardization & Industry Alliances Unit, Corporate Strategy Development, STMicroelectronics. "It is a great honor to be recognized for our role in the development of technologies that make a positive and innovative contribution to people's life."
In addition to making technical contributions, ST holds membership on the IEEE-SA Corporate Advisory Group, and has employees who hold individual memberships on the IEEE-SA Standards Board and the IEEE-SA Strategic Planning & Portfolio Management Committee.
Among the industry's most innovative companies, ST owns over 21,500 patents and pending patent applications and maintains an unwavering commitment to R&D, with almost one quarter of its revenue invested in R&D in 2011.
The prestigious award was presented at the 2012 IEEE-SA Awards ceremony to Oleg Logvinov, Member of the IEEE-SA Standards Board, the IEEE-SA Corporate Advisory Group, and Director of Market Development at ST's Industrial & Power Conversion Division.
About the IEEE Standards Association
The IEEE Standards Association, a globally recognized standards-setting body within IEEE, develops consensus standards through an open process that engages industry and brings together a broad stakeholder community. IEEE standards set specifications and best practices based on current scientific and technological knowledge. The IEEE-SA has a portfolio of over 900 active standards and more than 500 standards under development. For more information visit http://standards.ieee.org/.
IEEE, a large, global technical professional organization is dedicated to advancing technology for the benefit of humanity. Through its highly cited publications, conferences, technology standards, and professional and educational activities, IEEE is the trusted voice on a wide variety of areas ranging from aerospace systems, computers and telecommunications to biomedical engineering, electric power and consumer electronics. Learn more at http://www.ieee.org.
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 2011, the Company's net revenues were $9.73 billion. Further information on ST can be found at www.st.com.