FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2000
STMicroelectronics N.V.
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(Translation of registrant's name into English)
Route de Pre-Bois, ICC Bloc A, 1215 Geneva 15, Switzerland
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(Address of principal executive offices)
[Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F]
Form 20-F X Form 40-F
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[Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934]
Yes No X
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[If "Yes" is marked, indicate below the file number assigned to the
Registrant in connection with Rule 12g3-2(b): 82-______]
Enclosures:
(i) a press release dated March 29, 2000 announcing the appointment
of a new Chairman of STMicroelectronics' French unit and
(ii) a press release dated March 28, 2000 containing
STMicroelectronics' statement regarding the semiconductor industry.
C854R
STMICROELECTRONICS APPOINTS NEW CHAIRMAN OF FRENCH UNIT
Geneva, March 29, 2000. STMicroelectronics announced the appointment of Michel
Dumont as Chairman of its French unit, STMicroelectronics SA. He succeeds Alain
Dutheil, who has held the position since 1990. In light of ST's growth on the
global market, Mr. Dutheil wished to devote more time to his duties as Corporate
Vice President, Strategic Planning and Human Resources, at ST headquarters.
Based in Gentilly, France, STMicroelectronics SA had sales of nearly FF 14
billion in 1999. It has 7,200 employees at sites in Crolles, Gentilly, Grenoble,
Rennes, Rousset, Saint Genis and Tours, France.
Michel Dumont has held a variety of product management and marketing positions
in his career. These include Vice President and Director of ST's Discrete
Division, a position he will continue to hold. He is also in charge of ST's
center in Tours, which specializes in research and development, design,
manufacturing, marketing and selling Discrete products.
Michel Dumont began his career in 1964 at Philips, moving to Motorola in 1968
and Matra Harris Semiconducteurs (MHS) in 1981. In 1985, he joined Thomson
Semiconducteurs as director of its center in Tours. With the merger of Thomson
Semiconducteurs and SGS Microelettronica in 1987, the site became one of many
belonging to the new company, SGS-THOMSON Microelectronics, which is now called
STMicroelectronics.
About STMicroelectronics
STMicroelectronics (formerly SGS-THOMSON Microelectronics) is a global
independent semiconductor company, whose shares are traded on the New York Stock
Exchange, on the Paris Bourse and on the Milan Stock Exchange. The Company
designs, develops, manufactures and markets a broad range of semiconductor
integrated circuits (ICs) and discrete devices used in a wide variety of
microelectronic applications, including telecommunications systems, computer
systems, consumer products, automotive products and industrial automation and
control systems. In 1999, the Company's net revenues were $5.056 billion and net
earnings were $547 million. Further information on ST can be found at
www.st.com.
For further information please contact:
STMicroelectronics Alessandro Brenna
Maria Grazia Prestini Director of Investor Relations for Europe
Corporate Press Relations Manager Tel : +33.4.50.40.24.78
Tel : +39.039.603.59.01 Fax : +33 4 5040 2580
Tel : +33.4.50.40.25.32 alessandro.brenna@st.com
Fax : +33 4 5040 2540 ------------------------
mariagrazia.prestini@st.com
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Morgen-Walke Europe Jean-Benoit Roquette
Lorie Lichtlen Investor Relations
Media Relations Tel : +33.1.47.03.68.10
Tel : +33.1.47.03.68.10 jbroquette@mweurope.com
llichtlen@mweurope.com -----------------------
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A STATEMENT FROM STMICROELECTRONICS
Geneva, 28 March 2000 - Commenting on various newswire reports issued earlier
today, STMicroelectronics NV (NYSE: STM) stated it expects the semiconductor
market to grow by at least 25%, and possibly by as much as 30%, in the year
2000. Independent research estimates the market advanced by 19% in 1999.
STMicroelectronics has entered the year 2000 in a strong competitive position
with a product portfolio that is both balanced and focused on high-growth
sectors. Additionally, it has prepared for the new positive cycle of the
industry by making significant investments in new manufacturing capacity and is
therefore in the position to reiterate its confidence that, in the year 2000,
its chip sales will outpace the market it serves.
About STMicroelectronics
STMicroelectronics (formerly SGS-THOMSON Microelectronics) is a global
independent semiconductor company, whose shares are traded on the New York Stock
Exchange, on the ParisBourse and on the Milan Stock Exchange. The Company
designs, develops, manufactures and markets a broad range of semiconductor
integrated circuits (ICs) and discrete devices used in a wide variety of
microelectronic applications, including telecommunications systems, computer
systems, consumer products, automotive products and industrial automation and
control systems. Further information on ST can be found at www.st.com.
Some of the above statements are forward-looking statements that involve a
number of risks and uncertainties. In addition to factors discussed above, among
the other factors that could cause actual results to differ materially are the
following: general business and economic conditions such as possible future
financial turbulence; the cyclicality of the semiconductor and electronic
systems industries; capital requirements and the availability of funding;
competition; excess or obsolete inventory and variations in inventory valuation;
new product development and technological change, including acceptance of new
products by particular market segments; manufacturing risks; changes in customer
order patterns, including loss of key customers, order cancellations or reduced
bookings; intellectual property developments; international events and currency
fluctuations;
STMicroelectronics
problems in obtaining adequate raw materials on a timely basis;
and the loss of key personnel. Unfavorable changes in the above or other factors
listed under "Risk Factors" from time to time in the Company's SEC reports,
including the Prospectus dated September 16, 1999 could materially affect the
Company.
For further information please contact:
STMicroelectronics Alessandro Brenna
Maria Grazia Prestini Director of Investor Relations for Europe
Corporate Press Relations Manager Tel : 33.4.50.40.24.78
Tel : 39.039.603.59.01 alessandro.brenna@st.com
Tel : 33.4.50.40.25.32 ------------------------
mariagrazia.prestini@st.com
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Morgen Walke Europe Jean-Benoit Roquette
Lorie Lichtlen Investor Relations
Tel : 33.1.47.03.68.10 Tel : 33.1.47.03.68.10
llichtlen@mweurope.com Jbroquette@mweurope.com
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
STMicroelectronics N.V. has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
Date: March 30, 2000 STMicroelectronics N.V.
By: /s/ Pasquale Pistorio
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Name: Pasquale Pistorio
Title: President and Chief
Executive Officer