ST Engineering's electronics arm wins $635 mil in contracts in 1Q18

SINGAPORE (Apr 19): ST Engineering announced that its electronics arm, ST Electronics, has secured $635 million worth of contracts in 1Q18.

The contracts include solutions in mobility, satellite communications, Internet of Things (IoT), public safety and security, cybersecurity and defence.

ST Electronics extended its reach and increased market share globally in the rail electronics segment. Notable contract wins included a turnkey project for Sanying MRT line in New Taipei City and rail electronics solutions for Bangkok BTS SkyTrain, Guangzhou Metro Line 3 and Taipei MRT line among others.

---

Related Stories

• Conducting secure data movements in the cloud symphony
• Anthropic CEO says mandatory safety tests needed for AI models
• Digital document fraud and deepfakes on the rise: report

---