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Audi and STMicroelectronics to Drive Automatic Innovation

Premium car maker Audi and STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications and a committed automotive semiconductor supplier since its birth in 1987, have announced a strategic relationship to drive the pace of automotive innovation by creating advanced semiconductor solutions.

Together, Audi and ST will co-develop semiconductor solutions in three key areas of automotive design: reduction of CO2 emissions, safety and security, infotainment and comfort. The collaboration of the companies aims to drive innovation actively while also securing product quality, guaranteeing supply and reducing time to market.

“We have chosen to work with ST as part of our Progressive Semiconductor Program (“PSCP”), to further proactively strengthen our involvement and demand on innovative “white-box” electronics,” said Ricky Hudi, Chief Executive Engineer Electrics/Electronics at Audi. “ST was a natural choice, as it has a broad technology portfolio, in-house manufacturing capabilities and a proven commitment to automotive.”

“We are delighted to be invited by a company such as Audi, a globally respected and innovative automotive brand, to join forces to deliver exciting new cars for their customers,” said Marco Monti, Executive Vice-President and General Manager, STMicroelectronics Automotive Product Group. “The Progressive Semiconductor Program is a clear demonstration of Audi’s commitment to innovation and recognition from the automotive world that only a true partnership attitude can lead to success.

Partnering with customers is one of our key assets and has been for twenty-five years. We are now expanding into working more closely with car-makers, thanks to Audi’s innovative approach to what is the real enabler of innovation in the automotive industry: semiconductors.”

About STMicroelectronics

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.

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