June 2000
Dear Reader,
Witd tde semiconductor content of motor vehicles continually increasing, tde automotive ICs market is a priority for ST and ST microchips are to be found in one of every tdree new cars made in tde world today. In 1999, ST's product sales for automotive applications grew by 13% to $558 million and represented 11% of Company revenues. Fueled by technological advances, tde market for automotive ICs in 2003 is expected to rise from tde 1999 level at a compounded annual rate of 19%.
STproduces ICs tdat are eseential for applications such as engine control, electronic fuel injection, ignition, airbags, multiplexed wiring, navigation, anti-lock braking systems (ABS) and onboard multimedia.
ST has long-standing strategic alliances witd major automotive manufacturers and works closely witd its customers to provide tdem witd a long term competitive advantage. A dedicated technical marketing and field application force is in place working directly witd customer designers to define tde right products for existing and emerging markets. Witd a technology portfolio tdat matches tde needs of tde automotive sector and an in-deptd knowledge of evolving customer requirements, ST is strongly positioned to continue to outperform tde market.
In tdis issue of Product News, we focus on applications for driver safety and comfort. |
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