Avnet Cilicon Wins Infineon Technologies, AG, Distributor of the Year 2003; Award Recognizes Avnet Cilicon for Achieving Aggressive Goals in North America.Business Editors/High-Tech Writers PHOENIX--(BUSINESS WIRE)--May 20, 2004 Avnet Electronics Marketing, the largest operating group of Phoenix-based Avnet Inc. (NYSE NYSE See: New York Stock Exchange : AVT AVT avian arginine vasotocin. See vasotocin. ), announces the company's Avnet Cilicon division has been named the 2003 Distributor of the Year by Infineon Technologies For the raceway, see . Infineon Technologies AG (ISIN: DE0006231004, FWB: IFX, NYSE: IFX) was founded in April 1999 when the semiconductor operations of parent company, Siemens AG, were spun off to form a separate legal entity. , AG, a leading innovator in the international semiconductor industry. Avnet Cilicon, Avnet's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. semiconductor distribution specialist division, supports the complete line of semiconductor products from Infineon Technologies, AG, including both memory and logic products -- digital, mixed-signal and analog ICs, discrete semiconductor products and system solutions. Avnet Electronics Marketing supports Infineon Technologies across all global regions. While Infineon has recognized Avnet in the past for performance in Europe and Asia, this is the first time the North American team has been cited. "This award recognizes Avnet's contribution in the area of continuous point of sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) revenue growth," said Nancy LaBarbera, Infineon's distribution business manager. "We recognize Avnet's commitment to demand creation and to achieving the aggressive goals we have set for North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ." "We greatly value the partnership and are looking forward to continuous growth together to reach our aggressive goals," added Pierre Laboisse, Infineon's director of North American distribution. "All indications show Avnet continuing this success ... and the race is on." The Infineon Award recognizes Avnet for total revenue, inventory support, registrations and registration value. "The key to our winning this award was the synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action. between the two technical engineering teams -- Avnet Cilicon's and Infineon's -- working together to deliver solutions that positively impact the customer's business," explained Jeff Ittel, president of Avnet Cilicon. "Combine an innovative supplier like Infineon Technologies, with their product portfolio, and Avnet Cilicon's customer-centric 'support across the board' strategy and there's no limit to the success we can achieve together." To learn more about Avnet Cilicon and Infineon Technologies, AG, visit the Infineon Technologies Gateway page located on the Avnet Cilicon Web site (http://www.em.avnet.com/infineon.). About Avnet Cilicon Avnet Cilicon is a division of Avnet Electronics Marketing Americas, serving electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in North America and Brazil. Avnet Cilicon, a semiconductor components distribution specialist, focuses solely on semiconductors with dedicated channels to specific end-market segments. Visit http://www.em.avnet.com. Avnet Electronics Marketing is the largest operating group of Avnet Inc. Avnet enables success at the center of the technology supply chain, providing cost-effective services and solutions vital to a broad base of more than 100,000 customers and 250 suppliers. The company markets, distributes and adds value to semiconductors, interconnect (1) To attach one device to another. (2) A physical port (plug, socket) or wireless port (transmitter, receiver) used to attach one device to another. , passive and electromechanical The use of electricity to run moving parts. Disk drives, printers and motors are examples. Electromechanical systems must be designed for the eventual deterioration of moving components that wear over time. The first TVs were electromechanical systems (see video/TV history). components, enterprise computer and network equipment, software, storage and embedded Inserted into. See embedded system. subsystems. Through its premier market position, Avnet brings a breadth and depth of capabilities which help its trading partners accelerate growth and realize cost efficiencies. Avnet generated more than $9 billion of revenue in fiscal 2003 (year ended June 27, 2003) with sales in 68 countries. Visit http://www.avnet.com/. |
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