By Market Wire, September 26, 2013, 07:21:00 AM EDT
SINGAPORE -- (Marketwired) -- 09/26/13 --
NXP Semiconductors N.V. (NASDAQ:NXPI) has announced the winners of its annual Supplier Awards at the company's third Supplier Day in Singapore today. Senior executives from 75 of NXP's key suppliers were in attendance representing all spend areas (Materials, Equipment, External Manufacturing, IT, Innovation & Indirect). The event was hosted by Rick Clemmer, President and CEO, NXP Semiconductors and the theme was 'Quality Performance and Quality Partnerships'.
"The NXP Supplier Day event continues to be a very important milestone in the NXP calendar and having the entire NXP management team in attendance today acknowledges the critical importance of our suppliers to our ongoing success to deliver 'Secure Connections for a Smarter World'. The awards process gives us the opportunity to recognize outstanding performance in support of NXP business objectives and the interactive nature of the day allows for excellent dialogue and alignment on expectations", said Rick Clemmer.
As a recognition of superior performance, NXP presented awards to suppliers across nine different award categories:
Most Improved Suppliers:
- Air Products, gases and chemicals
- ASMC, foundry external manufacturing
- Enomoto, leadframes
Best Supplier - Back-end:Tanaka, bonding wires
Best Supplier - Front-end:Axcelis, semiconductor manufacturing equipment
Best Supplier - External Manufacturing: GlobalFoundries, foundry external manufacturing
Best Supplier - Indirect Materials and Services: TMC, scrap metal recycling services
Best Supplier - Growth Contribution: UMC, foundry external manufacturing
Best Supplier - Quality:
- Sumitomo Bakelite, mold compound
- TSMC, foundry external manufacturing
Best Supplier - Technology: Linxens, flexible etched circuits
Best Supplier - Valued Partnership:
- ASE, back-end external manufacturing
- DHL, warehousing, transportation and logistics partner
In addition to the corporate supplier awards NXP also acknowledged five Account Managers with 'Customer Advocate' awards in recognition of their dedication and commitment to drive collaboration between NXP and their respective companies.
"At our previous supplier day in Bangkok in September 2012, we reiterated our focus on cost, quality and growth and where we need our suppliers to play a part. Over the past year, working with our suppliers, we have made significant progress in key programs such as supplier performance management, risk management, supplier quality and sustainability and thank them sincerely for their efforts. We look forward to further strengthening our joint efforts in line with NXP key expectations as outlined in today's event", emphasized Jacky McNulty-Ehemann, senior vice president and chief procurement officer, NXP Semiconductors.
NXP senior executives also spoke at the event about the company's core business strategies and innovation roadmaps in High Performance Mixed Signal and Standard Products, and delivered key insights into end customer markets. They reiterated the need for strong collaboration with our supply base focusing on uncompromising quality, value engineering, cost competitiveness and flexible capacity.
About NXP Semiconductors
NXP Semiconductors N.V. (NASDAQ:NXPI) creates solutions that enable secure connections for a smarter world. Building on its expertise in High Performance Mixed Signal electronics, NXP is driving innovation in the automotive, identification and mobile industries, and in application areas including wireless infrastructure, lighting, healthcare, industrial, consumer tech and computing. NXP has operations in more than 25 countries, and posted revenue of $4.36 billion in 2012. Find out more at www.nxp.com.
This document includes forward-looking statements which include statements regarding NXP's business strategy, financial condition, results of operations and market data, as well as other statements that are not historical facts. By their nature, forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, NXP does not have any intention or obligation to publicly update or revise any forward-looking statements after NXP distributes this document, whether to reflect any future events or circumstances or otherwise. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in NXP's SEC filings. Copies of NXP's SEC filings are available from the SEC website, www.sec.gov.
Source: NXP Semiconductors