High Recognition: Infineon Receives Best Supplier Award from Continental
Business & Financial Press
July 13, 2012
Neubiberg, Germany – July 13, 2012 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) is one of the best suppliers of automotive solution provider Continental AG and its Automotive Group. It was therefore honored with Continental’s “Supplier of the Year 2011” award in the “Electronics” category. It is the third time in a row that Infineon received a supplier performance award and was recognized for its product quality and technology as well as its customer focus and logistics performance. The company delivers more than 800 products to Continental Automotive.
“The ‘Supplier of the Year’ award from Continental is a great honor for us. Receiving it for the third time in a row confirms our customer orientation and commitment to zero-defect quality – and motivates us even more,” said Jochen Hanebeck, President of the Automotive Division at Infineon Technologies AG.
Continental has awarded its global supplier prize since 2000. For the year 2011, the Continental Automotive Group honored 14 of its best suppliers in five categories: Electronics, Electromechanics, Mechanics, Division-Specific Solutions and Investment and Engineering Services.
Infineon is Europe’s largest automotive chip supplier as well as the world’s second-largest
Infineon has a market share of 10 percent and is one of the two major chip manufacturers for automotive electronics of the world. The total market for automotive chips in 2011 amounted to 23 billion US dollars (source: market research firm Strategy Analytics, April 2011). In Europe, as the most important driver of innovation in automotive electronics, Infineon is the undisputed market leader and holds a 15 percent market share. Infineon supplies sensors, microcontrollers, power semiconductors and power modules for the automotive industry.
The pressportal of Continental AG provides a news release on the company’s „Supplier of the Year 2011“ award.
For more information on the Infineon semiconductor product portfolio for automotive electronics, please visit www.infineon.com/automotive
Infineon Technologies AG, Neubiberg, Germany, offers semiconductor and system solutions addressing three central challenges to modern society:
security. In the 2011 fiscal year (ending September 30), the company reported sales of Euro 4 billion with close to 26,000 employees worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).
Further information is available at www.infineon.com.
Jochen Hanebeck, President of the Automotive division at Infineon Technologies AG