“Last year, our business grew by about 20%, which is twice the average industry growth.†STMicroelectronics vice president Alexander Cremones said that because they mainly focus on two areas, the first is the Internet of Things, the first The second is smart driving.
STMicroelectronics is the world's leading semiconductor manufacturer with more than 45,000 employees worldwide, with revenues of more than $8.35 billion and approximately 5,000 employees in China.
Alexander Cremones said there are three driving industries that are primarily driving the development of the Internet of Things. “The first is the semiconductor industry. For example, 5G can promote the interconnection of all things, including new IoT technologies, which can integrate more and more sensors. If there is no semiconductor, this is not the case. The second important industry is big. Data. Alexander Cremones said that the cloud industry is very important, the cloud industry can lower the threshold of service or the threshold of executive services. In addition, there is another important industry, such as new industries such as fisheries and agriculture. Communication is also needed, and traffic transmission is required. Therefore, with the Internet of Things, more new industries can participate in the world of the Internet of Things, and benefit from it.
Speaking of traditional markets and the Internet of Things market, Alexander Cremones said that traditional markets are generally based on a single successful technology that has been used for many years, but the Internet of Things is completely different, with multiple different technologies and multiple Different users.
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