| STMicroelectronics N.V. is an independent semiconductor company that designs, develops, manufactures and markets a range of semiconductor products, including discrete, memories and standard commodity components, application-specific integrated circuits, full-custom devices and semi-custom devices, and application-specific standard products for analog, digital and mixed-signal applications. The Company operates through three segments: Application Specific Product Group (ASG), Industrial and Multisegment Sector (IMS) and Flash Memories Group (FMG). STMicroelectronics N.V. also designs, develops, manufactures and markets subsystems and modules for a variety of products in the telecommunications, automotive and industrial markets in its Subsystems division. On November 1, 2007, the Company acquired a portion of the integrated circuit operations of the wireless customer of its Application Specific Product Group segment. On January 17, 2008, the Company acquired Genesis Microchip Inc. |
