STMicroelectronics (ST) Group was established in 1987 through the merger of SGS Microelectronics from Italy and Thomson Semiconductor from France. In May 1998, SGS-THOMSON Microelectronics changed its company name to STMicroelectronics Limited. STMicroelectronics is one of the world's largest semiconductor companies. The company's net revenue for the full year of 2019 was 9.56 billion US dollars; Gross profit margin of 38.7%; Operating profit margin of 12.6%; Net profit of 1.032 billion US dollars.