Companies in Geneva

STMicroelectronics is Europe's answer to the semiconductor giants of Asia and America — and it is literally a marriage of two nations: created in 1987 by the merger of Italy's SGS Microelettronica and France's Thomson Semiconducteurs, with the two governments as anchor shareholders. The 'ST' in its name stands for the two founding companies, and its dual headquarters in Geneva reflects that cross-border DNA. ST's strength is in chips for the physical world rather than pure computing: it is a global leader in microcontrollers (its STM32 family is the industry's most popular line of embedded processors, used in everything from factory robots to drones), power semiconductors (silicon carbide and GaN for electric vehicles), and sensors (the accelerometers and gyroscopes inside smartphones, plus MEMS microphones). Its automotive business supplies the silicon carbide modules that boost EV range and efficiency — a business that has boomed with the EV revolution. With about 50,000 employees and annual revenue near US$17 billion, ST operates massive wafer fabs in France, Italy, and Singapore, plus assembly plants in China, Malaysia, and the Philippines. For the European auto industry, ST is the indispensable local chip supplier — the company whose microcontrollers and power devices are designed into the continent's cars, and whose capacity has become a matter of industrial policy.