Singapore, August 22, 2006 – STMicroelectronics (NYSE: STM) today announced the appointment of Giuseppe Izzo as General Manager of the Taiwan region in its Greater China organization, effective July 4, 2006.
Giuseppe Izzo, currently Director of Automotive and Multi-systems segments at ST Greater China, takes on the additional responsibility to intensify and focus the Company’s efforts in Taiwan, a ‘tiny superpower’ that has spearheaded the development of the electronics industry in the Asia Pacific region over the past two decades.
Izzo, 48, has spent most of his 18-year career with ST in different positions and locations across Asia Pacific, concentrating on Power, Audio, and Automotive segments. To serve and stimulate the demand of local electronic equipment manufacturers, he initiated and drove the establishment of several Competence Centers in the region, including ST’s Automotive and Multi-systems centers in Shanghai and the Power Management competence center in Taiwan. Under Izzo’s leadership, ST has become the regional leader in Home Digital Audio, especially in TV, Car Radio, and Automotive in general.
“Taiwanese electronics companies are successful in combining impressive production volumes with Intellectual Property (IP) and advanced know-how. Taipei is an important R&D hub that serves Taiwanese enterprises including those with manufacturing operations all over the world,” explains Giuseppe Izzo, General Manager of ST’s Taiwan operations. “ST’s strengths in converging Computer, Consumer, and Communications technologies are particularly well aligned with the trend of the Taiwanese market towards high-added-value convergent electronic applications.”

“Taiwan is home to several top-tier global OEMs, as well as some of the world’s largest EMS (Electronic Manufacturing Services) companies. As these powerhouses are currently moving up the value chain towards the ODM (Original Design Manufacturer) business model, Taiwan is setting the pace for the whole Greater China region,” comments Bob Krysiak, Corporate Vice President and General Manager, Greater China Region. “Clearly, ST’s aggressive growth in Taiwan, ,in partnership with local ODM and OEM players, is a vital part of our strategy for market leadership in the world’s fastest growing economic zone.”

The ST Taiwan office currently employs around 130 people.

About STMicroelectronics
STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2005, the Company's net revenues were $8.88 billion and net earnings were $266 million. Further information on ST can be found at www.st.com