Notes to Editors: STCOMET is the industry's first super-integrated complete smart-meter System-on-Chip (SoC). It combines a precision metering front-end with programmable application processing and multi-standard PLC (Power-Line Communication) subsystems along with a line driver and advanced security engine in a single device. The STCOMET10 SoC delivers unprecedented integration, leveraging ST's expertise gained over 20 years and through more than 60 million PLC and smart-meter ICs delivered. About STMicroelectronics ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST's products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices. By getting more from technology to get more from life, ST stands for life augmented. In 2017, the Company's net revenues were $8.35 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com About Velankani Electronics Pvt. Ltd. Velankani Electronics Pvt. Ltd. manufactures top-quality set top boxes, RF signal meters and LNBs for the broadcast industry; servers for enterprises; and consumer electronics in its ISO 9001-certified facility for markets worldwide. Prysm® is a brand from VEPL committed to delivering well-designed, made-in-India technology products at competitive prices. Further information can be found at www.velankanigroup.com For Press Information Contact: STMicroelectronics India Nidhi Sehgal Kaul Corporate External Communications, Manager+91 -9818672181 firstname.lastname@example.org VelankaniMadhura ChaudhuriMarketing Lead+91-9871056555 email@example.com Attachment: http://www.globenewswire.com/NewsRoom/AttachmentNg/715fc05b-8402-41f7-b342-fd0b61f8efe5
Effort highlights the development of smart energy meters based on STCOMET platform Bengaluru and Noida, India, March 5, 2018 - Velankani Electronics Pvt. Ltd. (VEPL), an electronics manufacturing enterprise that focuses on the design and manufacture of products that qualify under India's Government-led "Make in India" program, has collaborated with STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, in the design and development of Velankani's Prysm® smart meters for the India market. The technology collaboration brings together ST's leading-edge components, including the STCOMET smart-meter System-on-Chip, and the Company's expertise in smart-meter design and deployment with Velankani's industrial manufacturing talents and vision to lead India toward an advanced metering infrastructure. The STCOMET-based G3-PLC(TM) smart meters integrate all key smart-meter functions in a single chip to address multiple smart-grid market requirements. The meters connect Consumers and their Utility supplier to provide real-time metering and data analysis. "With strong business and government support and investment, India is vigorously building smart cities and by working closely with Velankani, we have embedded all the functions required to create high-performance electricity meters for smart-grid applications," said Francesco Muggeri, Head of the Power Discrete & Sub Analog Product Group for Asia Pacific, STMicroelectronics. "Velankani's smart meters build on the market-proven STCOMET SoC and its multi-core architecture to meet India's demand for reliable leading-edge technology. " "Technology is a driving force for change and development in India, and we are committed to this vision of making technology accessible to all. Velankani Group is a single-source provider of a unified technology and content platform that provides easy access to affordable technology for all segments of society," said Kiron Shah, Managing Director, Velankani Group. "Velankani's collaboration with STMicroelectronics will showcase how technology can really change and enable smart environments that will lead to faster development in India." "ST is bringing positive contributions to people's lives by developing innovative microelectronics technologies, products, and solutions. Smart Homes and Cities are key pillars of ST's strategy that is well aligned with India's mission to develop smart cities around the country," added Allan Lagasca, Application Director System Engineering and Strategic Programs Business Development, PDSA, Greater China, South Asia, India and Korea (APAC Region), STMicroelectronics. To learn more about ST's state-of-the-art innovative solutions for Smart City applications and a special showcase of Velankani's Prysm® smart meters, visit ST's Booth L22 & L23 at India Smart Grid Week 2018, March 6-8, Manekshaw Centre, Dhaula Kuan, New Delhi, India.