Philips Semiconductors First Non-Japanese Company to Receive ``Alpine Supplier Award''; Philips' Quality and Technological Strength Draw Alpine Praise

    SAN JOSE, Calif.--Feb. 8, 2002--Philips Semiconductors, a division of Royal Philips Electronics (AEX:PHI), received the Alpine Supplier Award from Alpine Ltd. (Tokyo, Japan) President and CEO, Mr. Seizo Ishiguro. Philips was chosen for the award after an evaluation of all Alpine suppliers. This was the first time the Supplier of the Year Award has been given to a non-Japanese company. Philips is a supplier of Car DSP and tuner IC components for Alpine's range of car audio and car navigation equipment used by auto-manufacturers such as Daimler-Chrysler, Ford and BMW.
    Held annually since its inauguration in 1999, the Alpine Supplier Award is based on a points system using Alpine's own strict criteria for price, price competitiveness, cooperation, quality, warranty, delivery and technological development capability. The award is then given to the supplier with the best overall score. Philips rated highly in the areas of quality, delivery and technological development capability, making it the first foreign company ever to receive the prestigious Alpine Supplier Award.
    The supplier award was officially presented to the president of Philips Japan, Mr. Herman G. de Haan, by Alpine president and CEO, Mr. Seizo Ishiguro. In giving the award, Mr. Ishiguro commented, "I look forward to further support from Philips to help Alpine's global growth." Drue S. Freeman, Philips Semiconductors' Regional Market Segment Manager Asia added, "It is an honor to receive this important supplier award. Philips Semiconductors will build on its' existing strength in car radio ICs to drive the future of car infotainment. In this process Alpine is a key partner in Japan and we will continue to work at developing new products through the collective strengths of the company."
    Philips is dedicated to continually improving in technical skill and the quality of components, and will strengthen its partnership with Alpine to ensure that the high-end car navigation and car audio equipment needs of Alpine's customers are met, both inside and outside Japan.

    About Alpine

    Founded in 1967, Alpine is a leading mobile electronics manufacturer producing high quality car audio and car navigation equipment for the world's auto-manufacturers and the after-sales market. Alpine has established a reputation for originality which has earned it car audio awards from around the world for its Alpine F#1 Status high-end car audio systems. It also offers a range of DVD car navigation equipment in Japan, North America and Europe. For further information please visit www.alpine.com

    About Philips Semiconductors

    Philips Semiconductors, with revenues of US $6.3 billion in 2000, is a world leader in silicon systems and standard products for wireless communications, digital entertainment, computing and automotive applications. The organization designs, develops and manufactures silicon solutions based on its innovative Nexperia(TM) architecture to create living technology for its customers building products, service providers using the products, and consumers enjoying the resulting products and services. For more information: www.semiconductors.philips.com.