Compaq Presents Supplier Partnership Award to Infineon Technologies, Cites Six Quarters of Outstanding Performance by Memory Products Group.Business Editors/High-Tech Writers MUNICH, Germany--(BUSINESS WIRE)--Aug. 21, 2001 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. (FSE/NYSE:IFX IFX - ["Type Reconstruction with First-Class Polymorphic Values", J. O'Toole et al, SIGPLAN Notices 24(7):207-217 (Jul 1989)]. ) today announced that it received the 2000 Supplier Partnership Award from Compaq Computer. The award recognizes outstanding performance in meeting Compaq's corporate objectives for materials procurement and Infineon's demonstrated commitment to continuous improvement. Dick Conrad, Compaq's Vice President of Corporate Procurement presented the award to Infineon at a ceremony in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the . "This award is recognition of all the great work that Infineon has done for Compaq over the past year," said Conrad. "As a supplier of a diverse product portfolio to Compaq, and particularly one of our crucial DRAM partners, Infineon set out to differentiate itself in worldwide service and support, and excellent logistic performance. They delivered everything they promised, on time and in first-class quality." Recipients of the Supplier Partnership Award must meet demanding criteria set by Compaq's corporate procurement office and measured by each of the company's manufacturing sites. Each calendar quarter Compaq rates all of its suppliers on quality, cost, supply, technology and responsiveness. Infineon's Memory Products Group, a principal supplier of DRAM products to Compaq, has been rated in the top position for six consecutive quarters. This performance has been a significant contributor to the receipt of the Supplier Partnership Award 2000. Harald Eggers Eggers may refer to:
"This is an especially gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. moment for all of us at Infineon Technologies," said Eggers. "We have worked hard to place the company at the top of Compaq's vendor ranking. As a worldwide supplier, we will continue to strive to deliver superior levels of service and support to Compaq in each and every one of its manufacturing locations." About Infineon Infineon Technologies AG, Munich, Germany, offers semiconductor and system solutions for applications in the wired and wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. markets, for security systems and smartcards, for the automotive and industrial sectors, as well as memory products. With a global presence, Infineon operates in the US from San Jose, Calif., in the Asia-Pacific region from Singapore and in Japan from Tokyo. In the fiscal year 2000 (ending September), the company achieved sales of Euro 7.28 billion with about 29,000 employees worldwide. Infineon is listed on the DAX index of the Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. and on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors :IFX). Further information is available at www.infineon.com. Any statements in this document that are not historical facts are forward-looking statements that involve risks and uncertainties; actual results may differ from the forward-looking statements. Infineon Technologies undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Note to Editors: All brand or product names may be trademarks or registered trademarks of their respective companies. This news release and press photo are available at www.infineon.com/news. |
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