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Thursday, June 05, 2008

ST Electronics - First $1 Billion ICT Company in Singapore

ST Electronics, a company of ST Engineering, has become the first Singapore Information Communication Technology (ICT) company to acheive one billion Singapore dollar turnover in 2007.

ST Electronics recent acquisition of company iDirect Asia positions its ambitions in satellite communications strategically. According to the below link, iDirect, Inc., a company of VT Systems Inc., has increased its global market share of total TDMA (Time Division Multiple Access) sathub sales to 47 percent in 2006. 47 percent is indeed a proud figure. Can you imagine 47% of all satellite communications have to go through hubs by ST Electronics?

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