Fortune magazine has listed its most admired companies in the world, with a separate break-out for semiconductor companies.
Among semiconductor companies evaluated, STMicroelectronics is ranked the 6th most admired, in its first year as a participant in the survey. Additionally, it is the highest-ranking Europe-based chipmaker on the list.
The “World’s Most Admired Companies” survey debuted in the U.S. in 1983 and began ranking companies worldwide in 1997. Companies are rated by their peers based on nine factors including quality of products or services, quality of management, global competitiveness, and soundness of financial position to name a few.
This year approximately 4,170 top executives, directors, and financial analysts assessed companies in their own industries, and voted on companies being considered for the overall most admired list. A total of 667 companies from 33 countries across 55 industries were surveyed.