Success in RFID Chip Market ...

ST | STMicroelectronics Confirmed as 2004 Market Leader for Serial Non-Volatile Memory Products | T1624M

... "ST achieved impressive revenue growth of 32.5% to sales of $224 million, taking the lead with over 32% of the market. Serial EEPROMs are used in a wide range of products, in automotive, consumer, computing and PC peripheral markets. The company's production volume increased more than 40% in 2004 to reach a total of more than 1 billion devices. This number also includes chips produced in volume for the emerging Radio Frequency Identification (RFID) market." ...

STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2004, the Company's net revenues were $8.76 billion and net earnings were $601 million.