 The global population continues to grow and age as people live longer. This calls for innovative ideas to manage the planet's resources and to deliver services to everyone. As the population shifts toward cities, the challenges to manage traffic, pollution and energy increase. At the same time, people have greater access to information, products and services that are increasingly global, and they expect these to be tailored to their individual needs. At ST, we believe that technology can help meet these needs and contribute to our vision of an augmented life for everyone. Let's see how. ST continues to develop solutions to make the world smarter and more connected. Our sensors provide information about the world around us. Our microcontrollers process, protect, analyze and act on this information. Our connectivity products provide the link to the network, and our energy management solutions ensure smart systems operate reliably and efficiently. In cities, these systems can be embedded everywhere, in buildings, attached to street lamps or even buried under roads. Together, these devices enable the smart grid, allowing more efficient use of energy. In factories, they combine with ST's smart power components to create extremely reliable and efficient automation solutions. ST is also making cars smarter. We are improving safety on the road by helping cars detect obstacles and assist braking, or adapt their speed to the flow of traffic. ST technologies also help protect the environment by reducing fuel consumption and CO2 emissions. And ST infotainment, navigation and in-car controls increase the enjoyment and comfort of the overall driving and traveling experience. In the home, our technologies allow management of lights, heating or any home appliance that embeds a smart system. And when connected to the cloud, enable us to remotely monitor and control our home. Smart systems collect information to tailor applications and services to specific individual needs, while offering a more natural interface for a richer user experience. And ST's long experience in data security and secure communications ensures that your personal information will be safe. Real-time monitoring of activity and personal data can give advice on diet and exercise, provide early warning signals for critical illness, or improve drug delivery. This same technology can also keep us healthy by helping to deliver medical services to everyone at an affordable cost. The proliferation of smart systems will connect many new devices to the Internet of Things. This will increase the amount of data to be transported, stored and processed, creating the need for a more powerful infrastructure. And ST has solutions to meet the needs of this growing cloud with innovative, low-power, high-performance technologies. Together with our customers, partners and employees, ST is using its technology, know-how, manufacturing capabilities and talent to meet the challenges and opportunities of the evolving world. Because everywhere Microelectronics makes a positive contribution to people's lives, ST is and will be there.