Infineon North America Names Arrow Electronics 2008 North American Distributor of the Year
13 February 2009 - 4:30AM
Marketwired
Infineon Technologies (FRANKFURT: IFX) (NYSE: IFX) today announced
that it has named Arrow Electronics, Inc. (NYSE: ARW) as its 2008
North American Distributor of the Year. An Infineon distribution
partner since 2005, Arrow was recognized for its contributions to
revenue, market development and overall demand-creation activity.
"Arrow Electronics has continued to grow its year-over-year
sales of Infineon products despite challenging market conditions,"
said Jean Baptiste Loire, president of Infineon Technologies North
America. "The company also achieved record levels of new design
wins for Infineon products in our most recent fiscal year, setting
the stage for future growth both in North American markets and
overseas through transfer business. We look forward to further
collaboration with Arrow to deliver significant business value to
customers in 2009."
"At Arrow, we seek out partners that help us offer solutions
that create a competitive edge for our customers," said Kurt
Colehower, president of North American Components for Arrow
Electronics. "With its commitment to customer satisfaction,
innovation and unrivaled quality, Infineon is a valued contributor
to Arrow and we look forward to mutual success in the future."
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 2008 fiscal year (ending September), the
company reported sales of Euro 4.3 billion with approximately
29,100 employees worldwide. 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 U.S.A. Name: Mitch Ahiers Phone: +1 408 503 2791
Email: mitch.ahiers@infineon.com
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