SHENZHEN, China –April 25, 2007 – ON Semiconductor (Nasdaq: ONNN), a leading global supplier of power management solutions, has won the Best Global Partner 2007 award from ZTE Corporation, China’s largest listed telecommunications equipment manufacturer and wireless solutions provider. It is the second consecutive year that ZTE has honored ON Semiconductor in this way.
The award endorses ON Semiconductor’s leadership and commitment to excellence in cost, quality, delivery and service, which have helped ZTE successfully expand its business in the global market, accelerate its progress in internationalization and increase its revenues. In 2006, 44 percent of ZTE’s revenue came from the international market.
It also recognizes the recognition and acceptance of ON Semiconductor’s power management solutions by end-users in China.
The Best Global Partner Award is given to selected companies from among ZTE’s 1,000 suppliers. It marks out business partners who have demonstrated their ability to meet high expectations and tough performance goals, enabling ZTE to keep costs low and quality high with on-time delivery and superior services. ON Semiconductor is one of the elite four semiconductor suppliers to have won this recognition.
“We are excited to receive this distinguished award for the second consecutive year,” said David Chow, ON Semiconductor vice president of Sales for Asia Pacific. “It's a remarkable achievement and it is down to the continued hard work of people across all functions within our company. ZTE is our major domestic customer in China and we look forward to continued growth from our leadership position in power management especially in protection arrays, EMI filters and MOSFETs.”
To enhance its partnership with ZTE, ON Semiconductor has developed a number of customized support programs including Just-In-Time delivery, and dedicated field application engineers. It has also been holding regular technology seminars for ZTE staff since 2005.
ZTE uses ON Semiconductor’s power management products and solutions for its cell phones, which are marketed worldwide. It also embraces ON Semiconductor’s industry-leading clock and data management solutions.
About ON Semiconductor
With its global logistics network and strong portfolio of power semiconductor devices, ON Semiconductor (Nasdaq: ONNN) is a preferred supplier of power solutions to engineers, purchasing professionals, distributors and contract manufacturers in the power supply, computer, consumer, portable/wireless, automotive and industrial markets. For more information, please visit ON Semiconductor’s website at https://www.onsemi.com.
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