Ranked 8th largest semiconductor 
manufacturer in the world in 1999 
according to various independent 
market researchdata and company 
reports, ST’s growth was fueled by 
its strong competitive position in high 
growth markets, solid strategic allian-
ces with key world customers, suppl-
iers and research institutions, and im-
portant acquisitions to complement its 
intellectual property portfolio.
Underscoring the strength of a world 
class Research and Development 
organization, a record number of 751 
new patent applications were filed 
in 1999.
Timely capacity expansion with capital 
investments of $1.35 billion positioned 
ST for the upturn in the semiconductor 
industry cycle.
1999 showed solid results across all 
sectors, balanced growth across all 
regions and positive performance 
across all product families.
Sales of Flash memories more than 
doubled, accelerating ST’s progress 
toward a world leadership position 
in non-volatile memories.
A healthy backlog of customer orders 
at year end reflects the continued 
strength of order rates.