Infineon Receives "Supplier Performance Award" From Continental
Neubiberg, Germany – April 28, 2008 – Infineon Technologies AG (FSE/NYSE: IFX) today announced that Continental AG has awarded Infineon the ”Supplier Performance Award“ for its extraordinary quality and logistics performance. From a total of 5,000 companies, Continental named three suppliers of the year in the categories “Mechanics”, “Electro-mechanics” and “Electronics”. Infineon received the award in the “Electronics” category. With the acquisition of Siemens VDO Automotive AG, Continental is the world’s fifth largest automotive system supplier. This is the eighth year Continental has presented this award.
“Infineon is one of our key suppliers and partners in the automotive semiconductor market within our semiconductor supplier portfolio,” said Guenter Fella, Senior Vice President, Purchasing, at Continental Automotive. “Infineon was able to convince us of their quality and logistics performance.” According to Fella, Infineon also showed significant performance improvements in its 2007 cooperation in the excellence program with Continental.
Infineon Technologies AG, Neubiberg, Germany, offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, communications, and security. In the 2007 fiscal year (ending September), the company reported sales of Euro 7.7 billion (including Qimonda sales of Euro 3.6 billion) with approximately 43,000 employees worldwide (including approximately 13,500 Qimonda employees). With a global presence, Infineon operates through its subsidiaries in the U.S. from Milpitas, CA, in the Asia-Pacific region from Singapore, and in Japan from Tokyo. Infineon is listed on the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX).