Company Profile For STMicroelectronics NV

STMicroelectronics N.V. is a global independent semiconductor company that designs, develops, manufactures and markets a range of semiconductor products used in a range of microelectronic applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. The products of the Company are manufactured and designed using a range of manufacturing processes and design methods. The Company uses all of the prevalent function-oriented process technologies, including complementary metal-on silicon oxide semiconductor (CMOS), bipolar and nonvolatile memory technologies. In addition, it has developed advanced systems-oriented technologies to produce differentiated and application-specific products, including bipolar CMOS technologies (BiCMOS) for mixed-signal applications, and diffused metal-on silicon oxide semiconductor (DMOS) technology and bipolar, CMOS and DMOS (BCD technologies).

BRIEF: For the nine months ended 26 September 2009, STMicroelectronics N.V.'s total revenue decreased 16% to $2.28B. Net loss for the period decreased 30% to $201M. Total revenue reflects decreased demand for the Company's products and services as well as unfavorable markets conditions. Lower net loss for the period reflects decreased selling and administrative costs as well as lower research and development expenses.