Infineon Receives Zero-Defect Quality Award from Toyota Hirose Plant for the Seventh Time
Neubiberg, Germany and Tokyo, Japan – April 29, 2015 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY)today announced that Toyota Motor Corporation’s Hirose Plant has awarded Infineon its “Excellent Quality Award” for delivering outstanding CAN transceiver product quality during 2014. Natsuki Tokubuchi, Head of Automotive business of Infineon Technologies Japan, yesterday received the award during a ceremonial act. At its Hirose Plant Toyota develops and manufactures state-of-the-art electronic components for its vehicle fleet.
“It is a great honor for Infineon to receive the ‘Excellent Quality Award’ from Toyota Motor Corporation’s Hirose Plant. Infineon is committed to zero defect and will continue to strive for the quality standards entrusted to us,” says Natsuki Tokubuchi, Head of the Automotive business at Infineon Technologies Japan.
On average, every car produced today uses about 15 CAN transceivers. The Control Area Network (CAN) is a common communication protocol for the interconnection of electronic control units (ECUs) within vehicles. CAN transceivers, such as those of Infineon, transmit and receive data. They are key contributors for the data exchange within a car and connect the respective ECUs in automotive powertrain, body and safety applications.
This is the seventhtime that Infineon has received a Toyota Zero-Defect quality award recognizing the outstanding quality of its CAN transceivers that the company has been supplying to Toyota for more than a decade. Out of a total of seven times, this is the fifth time that Infineon has received the “Excellent Quality Award”, awarded to suppliers who have delivered zero-defect quality during one year. In addition, Infineon received the 2009 “Best Quality Award” awarded to suppliers who have achieved zero defects for three years running and the 2010 “Honor Quality Award” awarded to suppliers who have achieved zero defects for four years running or longer.
Infineon Technologies AG is a world leader in semiconductors. Infineon offers products and system solutions addressing three central challenges to modern society: energy efficiency, mobility, and security. In the 2014 fiscal year (ending September 30), the company reported sales of Euro 4.3 billion with about 29,800 employees worldwide. In January 2015, Infineon acquired US-based International Rectifier Corporation, a leading provider of power management technology, with revenues of USD 1.1 billion (fiscal year 2014 ending June 29) and approximately 4,200 employees.
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).
Natsuki Tokubuchi, Head of the Automotive business at Infineon Technologies Japan, holding Toyota Hirose Plant Quality AwardNatsuki_Tokubuchi_holding_Quality_Award_1
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Infineon receives “Excellent Quality Award” from Toyota Hirose Plant in 2015, awarded to suppliers who have delivered zero-defect quality in one year.Excellent_Quality_Award_2015_of_Toyota_Hirose_Plant_2
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Natsuki Tokubuchi, Head of the Automotive business at Infineon Technologies JapanTokubuchi_Natsuki_3
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