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The Italian French Semiconductor (ST) Group was established in June 1987, formed by the merger of SGS Microelectronics from Italy and Thomson Semiconductor from France. In May 1998, SGS-THOMSON Microelectronics changed its company name to Italian Semiconductor Co., Ltd. Yifa Semiconductor is one of the world's largest semiconductor companies, with sales revenue evenly distributed among the five fast-growing markets in the semiconductor industry (as a percentage of 2007 sales revenue): communication (35%), consumption (17%), computer (16%), automotive (16%), and industrial (16%). According to the latest industrial statistics, Italy France Semiconductor is the world's fifth largest semiconductor manufacturer, leading the world in many markets. For example, Italy France Semiconductor is the world's largest manufacturer of specialized analog chips and power conversion chips, the world's largest supplier of industrial semiconductors and set-top box chips, and ranks among the world's top in the fields of discrete devices, mobile phone camera modules, and automotive integrated circuits