GENEVA--(Marketwire - Dec 6, 2012) - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, was named a Thomson Reuters 2012 Top 100 Global Innovator this week, recognizing its achievements as one of the world's most innovative companies. The program, an initiative of the IP Solutions business of Thomson Reuters, honors corporations and institutions around the world that are at the heart of innovation as measured by a series of proprietary patent-related metrics.
The Thomson Reuters 2012 Top 100 Global Innovator methodology is based on four principle criteria: overall patent volume, patent grant success rate, global reach of the portfolio and patent influence as evidenced by citations.
"Innovation in semiconductors creates value by dramatically improving people's lives; its influence is seen everywhere, in all our daily activities: in smart consumer devices, healthcare and wellness applications, energy management and saving, as well as data security and protection. The opportunity for ST lies in managing our large portfolio of technologies and IP to continuously push limits and meet and anticipate market needs," said Carlo Bozotti, President and CEO of STMicroelectronics. "With over 21,000 patents, its dedicated people working in R&D globally, and a structure that encourages the conception and implementation of innovative ideas, ST continues to break new ground, open new markets, and foster economic growth for itself and the world."
The Thomson Reuters 2012 Top 100 Global Innovator peer-reviewed methodology was executed using the Thomson Reuters Derwent World Patents Index® (DWPI), Derwent Patents Citations Index™, Quadrilateral Patent Index™, and Thomson Innovation®, the IP and intelligence collaboration platform. Comparative financial analysis was done using the Thomson Reuters Advanced Analytics Deal-Making platform.
"Innovation is the foundation for economic prosperity and technological advancement," said David Brown, managing director, Thomson Reuters IP Solutions. "We congratulate the Thomson Reuters 2012 Top 100 Global Innovator companies and their leaders for recognizing the important role innovation plays in the successes of today and of tomorrow."
Thomson Reuters 2012 Top100 Global Innovators:
- Added 124,214 new jobs over their prior year employment figures
- Outperformed the S&P 500 by three percent in their market cap weighted average revenue (15 percent versus 12 percent)
- Spent four percent more on market cap weighted R&D than the S&P 500 (11 percent versus seven percent)
- Included academic institutions and government entities for the first time
- The semiconductor and electrical components industry continued to lead in 2012, with 18 representative companies, 29 percent more than in 2011
To view the full report on the Thomson Reuters 2012 Top 100 Global Innovator program, go to www.top100innovators.com.
ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power technologies and multimedia convergence applications. 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 2011, the Company's net revenues were $9.73 billion. Further information on ST can be found at www.st.com.
ST Named a Thomson Reuters 2012 Top 100 Global Innovator: http://hugin.info/152740/R/1663087/539261.pdf