ST Wu Weidong: MEMS sales revenue doubled last year

On November 28th, STMicroelectronics (hereinafter referred to as ST) held the awards ceremony of the 2012 iNEMO Campus Design Competition Finals in Beijing. (Microelectromechanical system) technology allows devices to be manufactured at a large-scale and low-cost, improving process reliability and low cost. The three pillars of the ST business are motion detection MEMS, environmental monitoring MEMS and micro-actuators.

At the same time, Wu Weidong revealed that ST MEMS sales revenue doubled in 2011, from US $ 30 million in 2006 to US $ 650 million in 2011.

Data show that in 2011, ST's net income was 9.73 billion US dollars, and its sales revenue was evenly distributed in the five major markets of the semiconductor industry, of which telecommunications accounted for 25%, consumer electronics accounted for 11%, and computers accounted for 13%.

It is understood that there are 121 participating teams in the 2012 iNEMO Campus Design Competition, and a total of 117 design proposals have been submitted.

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