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.
http://www.stee.stengg.com/newsrm/Vol21No1/Features.pdf
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?
http://www.satnews.com/cgi-bin/display_story.cgi?number=1760399607
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