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STMicroelectronics (NYSE: STM), one of the world’s largest semiconductor manufacturers and the world’s leading supplier of MEMS sensors for consumer and portable applications, and bTendo Ltd. announced today that they have signed a development and license agreement to jointly develop the world’s smallest Pico Projector for smart phones and other portable consumer-electronics devices. The solution is based on bTendo’s innovative Scanning Laser Projection engine technology and ST’s leading MEMS (Micro-Electro Mechanical Systems) expertise, video processing know-how and semiconductor process technology.

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