We have a heritage of innovation and product leadership spanning over 50 years and have an extensive intellectual property portfolio, including over 6,000 patent families, allowing us to serve our customers through our direct sales force and distribution partners. We sell our products directly to original equipment manufacturers (“OEMs”), distributors, original design manufacturers and contract manufacturers through our global sales force. Our close customer relationships have been built upon years of collaborative product development.
We are focused on some of the fastest growing applications within the automotive, networking, industrial and consumer markets. These applications include automotive safety, hybrid and all-electric vehicles, next-generation wireless infrastructure, smart energy, portable medical devices, consumer appliances and smart mobile devices. We leverage our deep customer relationships, intellectual property portfolio, extensive suite of software and design tools and technical expertise to introduce innovative new products and platform-level solutions in our target markets. We believe our ability to leverage our intellectual property across product lines and target markets enables us to be early to market with our products.
The trend of increasing connectivity and the need for enhanced intelligence in existing and new markets are the primary drivers of the growth of embedded processing solutions in electronic devices. Growing electronic content in automobiles, increasing network bandwidth, connected industrial and medical electronics, context-based sensing, the proliferation of smart mobile devices and the increasing importance of power efficiency are the growth drivers of our business.
Freescale commits to providing an integrated overview of the economic, environmental and social aspects of business activities and products. The goal being to function as an integral strategic partner by aligning with customer needs to help make products that will change the world. To that end, we believe in providing our community with free access to information and delivering the best solutions possible. Freescale is committed to conducting our business with integrity, essential in earning and keeping the trust of our stakeholders to strengthen their success.
Freescale's Code of Business Conduct and Ethics reflects our commitment to our employees and to the communities in which we live and work. Freescale has been named as one of the Ethisphere World's Most Ethical Companies for the fourth year in a row. Our ethics and social responsibility are built around the recognition that everything we do in connection with our work is measured against the highest possible standards of ethical business conduct. Our commitment to the highest standards helps us hire innovative people, who then pioneer great products, which in turn enables successful customers. Trust and mutual respect reflect our culture and they are something we strive to earn every day.
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