STMicroelectronics is MEMS Manufacturer of the Year

Semiconductor company STMicroelectronics was named the MEMS Manufacturer of the Year at the MEMS World Summit, held in Shanghai from 25–26 July.

The company was picked by a jury of MEMS World Summit advisory board members representing leading research institutes, equipment manufacturers and MEMS manufacturers. In naming ST, the jury highlighted the significant role of the company’s high-efficiency 6-axis MEMS sensor modules in driving the transformation of smartphones into intelligent personal assistants as one of the key winning factors.

“ST has always been a leader in MEMS and we want to recognise their continued presence at the top,” said Salah Nasri, advisory board chair of the MEMS World Summit. “The evaluating criteria for selecting this year’s winner were also based on factors such as revenue, product development, company culture and company awareness.”

“The performance of 6-axis MEMS sensor modules, which have become a key building block of today’s consumer and IoT devices, has enabled new features in smartphones and more broadly new user experiences,” said Andrea Onetti, group VP and general manager, MEMS Sensors Division, STMicroelectronics. “ST is honoured to receive this award as we strive to bring continuous innovation to the development and deployment of MEMS technologies for a variety of fields, including industrial and automotive.”

ST recently reported that its second-quarter net revenues totalled $1.70 billion, its gross margin was 33.9% and net earnings were $0.03 per share.