NXP Semiconductors Receives Bosch Supplier Award
NXP Semiconductors has been presented with the Bosch Supplier Award in the 'Electronics and Electromechanical components' category. The Bosch award recognizes companies that have performed particularly well in manufacturing and supplying products or services over the past two years -- especially in terms of quality, pricing, reliability, technology, and continuous improvement. "The Bosch Supplier Award goes to outstanding suppliers who play a key role in the Bosch Group's success and work with Bosch on the ongoing further development and improvement of products and manufacturing processes," said Franz Fehrenbach, chairman of the board of management of Robert Bosch GmbH, at the presentation ceremony on July 19, 2011 at Stuttgart's Alte Reithalle.
Bosch confers its global supplier award every two years. This is the 12th time it has been presented since 1987. There were no awards in 2009 due to the global financial and economic crisis. A total of 60 suppliers from 14 countries received an award in one of seven categories. This is the third time that NXP has won the Bosch Supplier Award.
In 2010, the Bosch Group's total purchasing volume came to some 24 billion euros. The proportion of this sum generated outside Germany came to around 60 percent. China accounted for the largest purchasing volume outside Germany, followed by Eastern Europe, the United States, and Japan. Bosch's "shopping list" includes manufacturing materials such as electronic, mechanical, and electromechanical components, as well as merchandise, operating resources, services, and machinery.
Kurt Sievers, senior vice president and head of the Automotive business unit at NXP Semiconductors, states: "This is the third time that we have received the Supplier Award from Bosch Group. We are very proud of our long-lasting and successful relationship with the largest Automotive Tier 1 supplier globally. Working so closely with a partner like Bosch has helped us optimize our efficiency and quality to become a true leader in high-performance mixed signal and standard semiconductor solutions for automotive."
NXP drives innovation for improved vehicle efficiency and connected mobility. Key applications are car entertainment, in-vehicle networking, car access and immobilizers, sensors and power MOSFETs. Furthermore, NXP is key supplier for Automotive Logic, Display Drivers, Interface Products, and Small-Signal Discretes.
The Bosch press release about the Supplier Award is available from the Bosch Media Service at www.bosch-presse.de.
NXP Semiconductors provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. A global semiconductor company with operations in more than 25 countries, NXP posted revenue of $4.4 billion in 2010. Additional information can be found by visiting www.nxp.com.