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STMicroelectronics was created in 1987 by the merger of SGS Microelettronica of Italy and Thomson Semiconducteurs of France with the aim of becoming a world leader in the sub-micron era. The new company pursued an aggressive growth strategy, investing heavily in R&D, forging strategic alliances with blue-chip customers and academia, building up an integrated presence in major economic regions, and honing one of the world’s most efficient manufacturing operations.
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