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While our industry has traveled
through many ups and downs, we are proud of one key consistency. has repeatedly
outperformed its industry. Synergy at work. When
Italy's merged with France's Thomson in 1987, two highly complementary
businesses came together to create a scale and synergy that put the new venture
on a distinctly upward path. Forward thinking. But
as a relatively small chipmaker in those days, we knew we had to choose our way
forward very thoughtfully. We deliberately pursued budding business sectors,
which grew much faster than virtually anyone could have predicted. And
consequently, so did we. With true momentum, we have cultivated several key
strengths that combine to keep us climbing and we have emerged as one of the
leaders in the industry.
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