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STMicroelectronics launches ‘Greater China’ region |
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Oct 17, 2005 at 03:07 PM |
By Dr Mike Cooke
STMicroelectronics (ST) has created a 'Greater China' region, covering
the company's operations in China, Hong Kong, and Taiwan. ST also
announced the appointment of Bob Krysiak as Corporate Vice President
and General Manager of the new entity.
ST reports that almost 50% of its total sales come from customers in
the Asia Pacific region. Further, shipments within China are
responsible for more than 50% of the Asia Pacific volume. ST expects
China to make up one fifth of the global semiconductor market within
the next five years.
ST's presence in the region includes manufacturing, design, research,
sales and marketing operations. The creation of the Greater China
region is designed to capitalise on the fast growing economic zone.
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