ST PR: STMicroelectronics Named Supplier of the Year by Continental Automotive
Hi, The following announcement was released today, August 3, 2009. This and all ST press announcements can be found at www.st.com <http://www.st.com/> . Best regards, Carol STMicroelectronics Named Supplier of the Year by Continental Automotive Geneva, August 3, 2009 - STMicroelectronics , a top-three player in automotive semiconductors, garnered the Automotive Supplier of the Year 2008 Award from Continental, one of the world’s leading car-equipment manufacturers. Continental chose ST for its excellent supplier performance in all key aspects, including Technology, Cost Competitiveness and Logistics, across a broad range of product categories. “2008 was a challenging year for Continental Automotive and its supply base due to the integration process after the acquisition of Siemens VDO and the tough market environment we all are facing. During such times it is vital to have reliable partners and suppliers and we are happy to announce STMicroelectronics showed a truly outstanding performance in 2008 and was selected our Supplier of the Year as the best-performing broadline distributor in the electronics cluster,�?? said Kai-Uwe Brinkmann, Vice President, Purchasing Electronics, Continental Corporation. “Drawing on the engagement and commitment of ST teams to excellence in product quality and customer satisfaction, we are set to continue as a reliable partner of Continental,�?? said Ugo Carena, Corporate VP, Automotive Product Group, STMicroelectronics. “This important recognition of ST’s products and services from a global leader in the automotive field humbles us and further encourages our commitment.�?? As a strategic partner and key Automotive customer of STMicroelectronics, Continental benefits from ST’s broad portfolio of automotive electronics, which range from microcontrollers and memories to application-specific chips, power electronics and car radio solutions. ST is Continental’s key supplier in all these product categories. The Automotive Supplier of the Year 2008 Award was presented to ST at a ceremony that took place at Continental’s headquarters in Regensburg, Germany, on July 27, 2009. About STMicroelectronics STMicroelectronics is a global leader serving customers across the spectrum of electronics applications with innovative semiconductor solutions. ST aims to be the undisputed leader in multimedia convergence and power applications leveraging its vast array of technologies, design expertise and combination of intellectual property portfolio, strategic partnerships and manufacturing strength. In 2008, the Company’s net revenues were $9.84 billion. Further information on ST can be found at www.st.com. Notes to Editors: STMicroelectronics is a top-three semiconductor supplier to the automotive industry. It supplies chips to all the major auto makers worldwide. All top-ten automotive OEMs in the world are among ST’s large customers. T2406A Carol Brown STMicroelectronics Media Relations WW Technical Articles Manager 603 465 9213