The STMicroelectronics (ST) Group was established in 1987 by the merger of Italy's SGS Microelectronics and France's Thomson Semiconductor. In May 1998, SGS-THOMSON Microelectronics changed the company name to STMicroelectronics Limited. STMicroelectronics is one of the world's largest semiconductor companies. The company's full-year 2019 net revenue was US$9.56 billion; gross profit margin was 38.7%; operating profit margin was 12.6%; net profit was US$1.032 billion.
In December 2021, STMicroelectronics is now launching the third generation of STPOWER silicon carbide (SiC) MOSFET transistors, advancing applications in electric vehicle powertrain power equipment and more.
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