GENEVA, Oct. 1, 2013 (GLOBE NEWSWIRE) -- STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, today announced it has won a prestigious BearingPoint Innovation Management Award for its FD-SOI technology in the "Innovation Ecosystem" category.
Over the past 50 years, the semiconductor industry's efforts to meet the growing demand for computing power have followed Moore's Law, which recognized that the number of transistors on integrated circuits doubles approximately every two years. But as electronic circuits get smaller and smaller, chip manufacturers have run into basic physical scaling issues in transistor design that have now limited performance. A major breakthrough in the pursuit of miniaturization of electronic circuits, ST's Fully Depleted Silicon-On-Insulator (FD-SOI) technology has proven its ability to deliver about 30% higher speed and 30% improvement in energy consumption for the chips that power today's digital electronic equipment. FD-SOI can bring significantly lower consumption to all the devices associated with the creation, transmission, storage and consumption of digital content from the network to the mobile device, helping not only to improve the quality of life of the people who use them, but also addressing major societal challenges in energy saving.
BearingPoint is an independent management and technology consultancy serving clients in more than 70 countries together with its global consulting network. BearingPoint combines industry, operational and technology skills with relevant proprietary and other assets in order to tailor solutions for each client's individual challenges.
For the 6th edition, the Innovation Management Awards were organized by BearingPoint in collaboration with the editorial board of the French magazine L'Expansion and the Ecole des Ponts ParisTech, a prestigious French school of engineering. Based on inputs from 360 decision makers (companies and public bodies), 60 applications were proposed this year. From these, twenty-three cases that illustrate the best practices of innovation in management were submitted to a jury of experts who rewarded a winning company in each of the four categories.
"STMicroelectronics strategically chose to include multiple partners at the earliest stages of their R&D program. This is most remarkable! This new digital technology was then positioned as being faster in a very competitive market," said Eric Falque, President of BearingPoint France-Benelux.
"We are honored to be distinguished by BearingPoint, L'Expansion and the Ecole des Ponts ParisTech. The fruit of scientific research, strategic vision and long-standing determination, faster, cooler and simpler FD-SOI technology strengthens ST's role in shaping the future of the microelectronics industry," declared Georges Penalver, Executive Vice President and Chief Strategy Officer, STMicroelectronics. "This award, like our success in delivering FD-SOI, is a major achievement for ST, its employees and its partners."
ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power and automotive products and embedded processing solutions. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, ST is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, ST stands for life.augmented.
In 2012, the Company's net revenues were $8.49 billion. Further information on ST can be found at www.st.com
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L'Expansion is a French monthly business magazine published by L'Express-Roularta Group. Readership: 1.7 million people every month.
ST FD-SOI Gets BearingPoint Innovation Award: http://hugin.info/152740/R/1732654/579737.pdf