STM Unveils ST2100 SoC - Analyst Blog

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STMicroelectronics ( STM ) recently launched the ST2100 STreamPlug System-on-Chip (SoC), which is the world's first intelligent-gateway SoC. It is likely to find wide usage in applications where high computation is required, like consumer, industrial and smartgrid applications.

The ST2100 has a memory management unit (MMU) that allows virtual memory management, making it compliant with the Linux operating system. The device is being used to power products co-developed by StreamPlug and Tatung, some of the leading electronics companies for smart-home solutions.

The joint venture between StreamPlug and Tatung has led to many innovations like Tatung's Gateway One home networking hub and other smart-energy devices. Tatung's Meter Bridge and Home-Area Network (HAN) Bridge help dwellings with numerous occupants to benefit from smart-energy applications, solving consumption and billing challenges at the same time.

With a view to extend its portfolio in mobile and consumer applications, STMicroelectronics had launched a Single-Chip Magnetometer called LIS3MDL, earlier in 2013.

STMicroelectronics is a global independent semiconductor company, which designs, develops, manufactures and markets a broad range of semiconductor integrated circuits and discrete devices.

STMicroelectronics reported second quarter net revenue of $2.05 billion, down 4.8% on a year-on-year basis but up 1.8% sequentially. Gross profit was $672 million and gross margin was 32.8%. Sequentially, the gross margin improved 150 basis points, benefiting from production efficiencies, a higher volume of production and lower unsaturation charges, although pricing remained a negative.

Currently, STM has a Zacks Rank #5 (Strong Sell). Stocks that look attractive currently include Texas Instruments ( TXN ), Akamai Technologies Inc ( AKAM ) and Intersil Corp ( ISIL ), all with a Zacks Rank #2 (Buy).

AKAMAI TECH (AKAM): Free Stock Analysis Report

INTERSIL CORP (ISIL): Free Stock Analysis Report

STMICROELECTRON (STM): Free Stock Analysis Report

TEXAS INSTRS (TXN): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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