SINGAPORE, Oct. 16, 2014 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (Nasdaq:NXPI) has today announced the winners of its annual Supplier Awards at the company's fourth annual Supplier Day in Singapore. Senior executives from 90 of NXP's key suppliers were in attendance representing all spend areas (materials, equipment, foundry services, subcon services and indirect services).The event was hosted by Rick Clemmer, President and CEO, NXP Semiconductors under the theme of 'Quality Performance and Quality Partnerships'.
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"At NXP, we truly value our suppliers as important and trusted partners in our ongoing growth strategy. Having the entire NXP executive management team in attendance today acknowledges the critical importance of suppliers in our mission to deliver our promise of enabling secure connections for a smarter world," said Rick Clemmer.
NXP senior executives spoke at the event about the company's vision of 'Secure Connections for a Smarter World' as well as giving key insights into end customer markets and discussing core business strategies in both High Performance Mixed Signal and Standard Products. NXP executives emphasized the need for strong collaboration with its supply base, focusing on uncompromising quality, flexible capacity, cost competitiveness, innovation and operational excellence as key enablers for NXP's strategy.
As recognition of superior performance in 2013, NXP presented awards to its highest performing suppliers across its seven key spend categories:
- Best Supplier – Front-end materials: Shin-Etsu Handotai, silicon wafer manufacturer
- Best Supplier – Front-end equipment: Applied Materials, semiconductor manufacturing equipment, software and services
- Best Supplier – Foundry services: GLOBALFOUNDRIES, full-service semiconductor foundry
- Best Supplier – Back-end materials: Linxens, flexible etched circuits for smart-cards
- Best Supplier – Back-end equipment: Disco Corp., precision cutting, grinding and polishing equipment
- Best Supplier – Subcon services: SPIL, Back end IC packaging turnkey solutions
- Best Supplier – Indirect services: TATA Consultancy Services, IT Services
A Quality Award was also presented to the best supplier across all the spend categories.
- Best Supplier – Quality: Heraeus Materials Technology GmbH & Co. KG, lead frames
"At our previous supplier day we highlighted the focus on quality and where we need our suppliers to play a part. Over the past year, we have made significant progress together across many areas and we thank them sincerely for their efforts," said Sean Hunkler, executive vice president of Operations, NXP Semiconductors. "There is still opportunity to continue to raise the bar further and we look forward to their future support and participation towards mutual success."
Last but not least NXP announced its inaugural "Best of the Best" award which went to Siliconware Precision Industries Co., Ltd. (SPIL) for best overall supplier performance in recognition of their creative solutions and exemplary support of NXP's steep production ramp up.
In addition to the corporate supplier awards, NXP also acknowledged five Account Managers with the 'Customer Advocate' awards. These recognized the dedication of individuals and their commitment to drive collaboration between NXP and their respective companies.
"Events like these are an extremely important part of our annual calendar and act as enabler to build even stronger valued partnerships. We would like to thank everyone for their active participation and look forward to further strengthening our efforts in line with NXP's strategic expectations," said Jacky McNulty, senior vice president and chief procurement officer, NXP Semiconductors.
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 $4.82 billion in 2013. Find out more at www.nxp.com.
Forward-looking Statements
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.
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