Infineon Selects Arrow Electronics NAC Division as "Distributor of the Year"
November 15 2007 - 8:00AM
Marketwired
MILPITAS, CA (NYSE: IFX) today announced that it has awarded
Arrow Electronics, Inc. (NYSE: ARW) the 2007 North American
Distributor of the Year.
The winner of this prestigious award is selected by a committee
at Infineon North America. The selection criteria are based on
annual sales, market growth and demand creation activities at the
distributor.
"Arrow Electronics in North America has demonstrated its
commitment to Infineon's North American distribution channel by
continuing to grow sales year-on-year despite challenging market
conditions and more than doubling their design win activity from
the previous year," said Pierre Laboisse, Vice President of
Distribution for Infineon North America. "This partnership is proof
that we can continue to meet our customers' needs when
manufacturers and distributors work closely together. We look
forward to further evolving this relationship and delivering
significant business value to customers in 2008."
"Arrow has enjoyed a long-standing partnership with Infineon.
Receiving this honor is certainly a highlight for us," said Jeffrey
Eastman, Vice President, Supplier Services Group, Arrow
Electronics. "It is rewarding to know that our knowledgeable sales
team, broad mix of customers, and supply chain solutions helped
contribute to Infineon's success."
About Infineon
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).
Media Relations Corporate: U.S.A. Agnes Toan +1 408 503 2587
agnes.toan@infineon.com Investor Relations EU/APAC/USA/CAN +49 89
234 26655 investor.relations@infineon.com
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