SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                    FORM 6-K

                        REPORT OF FOREIGN PRIVATE ISSUER
                      PURSUANT TO RULE 13a-16 OR 15d-16 OF

                       THE SECURITIES EXCHANGE ACT OF 1934

                     Report on Form 6-K dated March 7, 2003

                             STMicroelectronics N.V.

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                 (Translation of registrant's name into English)

                         39, Chemin du Champ-des-Filles,
                   1228 Plan-les-Ouates, Geneva, Switzerland

           ----------------------------------------------------------
                    (Address of principal executive offices)

         [Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F]

                           Form 20-F  X   Form 40-F
                                     ---            ---

         [Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7):]

                                 Yes       No  X
                                     ---      ---

         [Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934]

                                 Yes       No  X
                                     ---      ---

         [If "Yes" is marked, indicate below the file number assigned to the
Registrant in connection with Rule 12g3-2(b): 82-______]

Enclosures:

A press release dated March 7, 2003 announcing that STMicroelectronics has
repurchased its Zero Coupon Senior Convertible Bonds due 2010.



                           [STMicroelectronics logo]

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                                 PRESS RELEASE
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                              COMMUNIQUE DE PRESSE
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                                COMUNICATOSTAMPA
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                               PRESSEINFORMATION
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PR no.C1275H

             STMicroelectronics Announces it Repurchased a Portion
              of its Zero Coupon Senior Convertible Bonds Due 2010

Geneva, March 7, 2003 - STMicroelectronics (NYSE: STM) reported that it has
repurchased $428,770,000 of its Zero Coupon Senior Convertible Bonds due 2010,
representing 19.98% of the total outstanding issue, for a total amount of
$328,208,435.

The Zero Coupon Senior Convertible Bonds were repurchased through off market
transactions after the close of the Euronext Paris market on March 6, 2003 for
an average price of $765.47 per Convertible Bond. The repurchased Bonds will be
cancelled in accordance with the terms of the Indenture.

ST's Zero Coupon Senior Convertible Bonds due 2010 are listed on Euronext Paris
(Premier Marche).

About STMicroelectronics
STMicroelectronics, one of the world's three largest independent semiconductor
suppliers, is a global leader in developing and delivering semiconductor
solutions across the spectrum of microelectronics applications. An unrivalled
combination of silicon and system expertise, manufacturing strength,
Intellectual Property (IP) portfolio and strategic partners positions the
Company at the forefront of System-on-Chip (SoC) technology and its products
play a key role in enabling today's convergence markets. The Company's shares
are traded on the New York Stock Exchange, on Euronext Paris and on the Milan
Stock Exchange. In 2002, the Company's net revenues were $6.32 billion and net
earnings were $429.4 million. Further information on ST can be found at
www.st.com.

For further information, please contact:

Media Relations                         Investor Relations

Maria Grazia Prestini                   Benoit de Leusse
Director, Corporate Media Relations     Investor Relations Manager, Europe
STMicroelectronics                      STMicroelectronics
Tel: +41.22.929.6945                    Tel: +33.4.50.40.24.30

Lorie Lichtlen / Nelly Dimey            Nicole Curtin / Jean-Benoit Roquette
Financial Dynamics                      Financial Dynamics
Paris Tel: +33.1.47.03.68.10            Paris Tel: +33.1.47.03.68.10





                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
STMicroelectronics N.V. has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.

Date: March 7, 2003                    STMicroelectronics N.V.

                                           By:    /s/ Pasquale Pistorio
                                              ----------------------------------
                                              Name:   Pasquale Pistorio
                                              Title:  President and Chief
                                                      Executive Officer