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MARKETPLACE
RESULTS ARE THE DIRECT OFFSPRING OF PRAGMATIC INNOVATION
At ST, we focus our innovation
efforts through our strategic alliances. THE POWER OF
PARTNERSHIPS. Our early roots made us very eager partners many years
before strategic alliances became fashionable. That approach is now ingrained.
Our partners know the specific market and system; we know silicon and its
advances in other sectors. THE POWER OF EXECUTION.
Because radical advancements are a normal part of the technology busi-ness, a
breakthrough idea can become passé before it gets off the drawing board.
So, our R&D, engineering and manufacturing functions are tightly integrated
to ensure that ideas translate quickly and seamlessly into advantage in the
marketplace. ST each year invests a significant proportion of its sales in
R&D. In 2001, we spent US$977.9 million (15.4% of revenues) in research and
development. ST filed 636 patent applications in 2001, main-taining its track
record as one of the industry's most prolific inventors. THE POWER OF BREADTH. And because we work across a broad
range of sectors, we can leverage an advance in one application almost
immediately in others. As the importance of convergence grows, this breadth
becomes increasingly advantageous. |
