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STMicroelectronics sees bright future for Indian electronics industry

(Top News, 21 Dec 2006 )
By Vinod Kataria

STMicroelectronics, suppliers of semiconductor solutions across the spectrum of electronics applications, hosted a special event, ST DAY in India, in New Delhi, which took place in the presence of Thiru Dayanidhi Maran, Minister of Communication and Information Technology, and Shir Jainder Singh, the IT Secretary. During the event, senior managers of the company presented strategic overviews of the world and the regional electronics and semiconductor markets, with particular emphasis on the rapidly growing Indian electronics market.

With industry analysts expecting electronics manufacturing in India to grow at a rate some 5.5 times greater than the overall worldwide growth rate, India is poised to become a major player in the worldwide electronics manufacturing industry and ST emphasized the depth of support and the breadth of products, platforms and technologies that it offers customers in India.

Thierry Tingaud, corporate vice-president and emerging markets region general manager at STMicroelectronics, said, "ST is a world leader in developing and supplying the enabling silicon technology in all the market segments that offer the most exciting growth opportunities in India’s electronics industry. In fact, ST is the world’s number one supplier of set-top box chips, the number one supplier of dedicated chips for automotive applications and the number one supplier in the fast-growing market for ultra-high frequency RFID chips."

Vivek Sharma, vice-president emerging markets region and director India design center at STMicroelectronics, stated, "ST has an unrivalled track record in building strong relationships with customers, strategic partners, universities and research institutes around the world and we are committed to using all these skills to support the rapidly-growing electronics manufacturing industry in India. We are able to offer unrivalled support to our Indian customers because our Greater Noida R&D center, which has grown from four people in 1987 to over 1700 today, has been closely involved in developing so many of our important products and platforms."

During the event ST unveiled the first set-top box chip entirely designed in India. The STi5107 MPEG decoder, along with its accompanying software, was designed and implemented at the Greater Noida R&D center, using state-of-the-art design tools and application software integration techniques. The chip includes advanced security features designed to provide a secure and low-cost solution for the standard definition Pay-TV market.

STMicroelectronics

 
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