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Growth in the industrial sector is
dominated by Smartcards, and ST's track record in security, technology and
high-volume manufacturing puts it in pole position to profit from a projected
average annual growth rate of 24% for Smartcard chips. ST maintained its
momentum by introducing several important new products, including a device that
com-bines massive on-chip memory with the worldÕs fastest contactless
communications interface. ST made key breakthroughs in Japan, supplying a
device for the groundbreaking Japanese governmental card and providing secure
microcontrollers for the first EMV (Europay, Mastercard, Visa) credit cards. We
also further differentiated ourselves in the quality arena. After earning the
worldÕs first security certification to the new international ISO15408
standard for products used in telecommunications and banking applications, we
earned a similar certification in partnership with Gemplus in the Smartcard
sector. We also introduced a chipset that simplifies the design of contactless
Smartcard readers, stimulat-ing growth of the application in access control,
ticketing systems, E-purse and ID cards.
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2001 REVENUES
(US$ in millions)
887
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TOP 2001 CUSTOMERS
Delta, Gemplus,
Schlumberg/Bull |
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