Milpitas, Calif. – Feb. 12, 2009 – Infineon Technologies
(FSE/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).
Infineon currently holds a 77.5 percent equity interest in Qimonda
AG, a leading supplier of DRAM memory products. Qimonda is separately
listed on the New York Stock Exchange under the ticker symbol "QI".
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