Fairchild Semiconductor Names Arrow Electronics Global Distributor of the Year for 2004Fairchild's Distributor of the Year Award
June 10 2005 - 3:05PM
Business Wire
Fairchild Semiconductor (NYSE: FCS): -- Cited for Superior Demand
Creation and Point of Sale (POS) Growth -- Reinforces Commitment to
Global Customers Fairchild Semiconductor (NYSE: FCS), the leading
global supplier of products that optimize system power, today named
Arrow Electronics, Inc. (NYSE: ARW) its Global Distributor of the
Year for 2004. This is the second consecutive year that Arrow has
been recognized by Fairchild. In 2003, Fairchild named Arrow in
Southern Europe, Distributor of the Year. "Arrow continues to
demonstrate outstanding commitment to Fairchild and we're delighted
to recognize their superior performance with this award," said Mark
Norman, Fairchild's vice president, Worldwide Distribution. "As a
leader, Arrow understands the challenges for customers in every
stage of the product's life cycle, and how to accelerate and
simplify the process by working closely with their suppliers.
Across the breadth of our joint markets, including automotive,
telecommunications, information systems, industrial and consumer
electronics, Arrow and Fairchild ensure that customers have
immediate access to the right power solutions, design support,
inventory management and competitive pricing. We look forward to
continuing to expand this very long-standing and successful
relationship with Arrow." Fairchild's scorecard program measures
its distributor network on four strategic business elements: demand
creation, business plan performance, operations management and
franchise management. In 2004, Arrow was awarded a superior ranking
for demand creation in North America and Europe, and has since
shown strong Point of Sale (POS) growth in Asia - a region where
Fairchild has double the power semiconductor market share of its
nearest competitor. A key element of Fairchild's Global Distributor
of the Year selection criteria is the demand creation program. This
program provides Fairchild's distributors with the training, tools
and collateral required to win customer designs featuring
Fairchild's new products, with particular emphasis on power
applications. Fairchild and Arrow recently announced that the
companies have reduced the order management and quoting time by at
least 50% through the implementation of RosettaNet standards. "With
70 years of industry experience, Arrow understands customer demands
and requirements to respond to changes in technology, product
design and manufacturing," said Jan Salsgiver, vice president
Global Strategy and Operations, Arrow Electronics. "The combined
technical and commercial resources of Arrow and Fairchild provide
customers with power products that are innovative, delivered on
time and backed by design support and services. We're pleased to be
chosen this year as Fairchild's Worldwide Distributor of the Year."
Arrow Electronics is a $10.6 billion global provider of products,
services and solutions to industrial and commercial users of
electronic components and computer products. Arrow has more than
200 locations in 53 countries and territories. The relationship
with Fairchild Semiconductor stems back to when Fairchild became
independent in 1997. Over the last eight years, the relationship
has expanded globally and now includes Europe, North America and
Asia. As The Power Franchise(R), Fairchild's components convert,
control and condition power in computing and display, industrial,
consumer, communications and automotive applications. Fairchild
continues to prove its dominance with 76% of sales from power
products, an increase from approximately 14% eight years ago. About
Arrow Arrow Electronics is a major global provider of products,
services and solutions to industrial and commercial users of
electronic components and computer products. Headquartered in
Melville, New York, Arrow serves as a supply channel partner for
nearly 600 suppliers and 150,000 original equipment manufacturers,
contract manufacturers and commercial customers through a global
network of more than 200 locations in 53 countries and territories.
About Fairchild Semiconductor: Fairchild Semiconductor (NYSE: FCS)
is the leading global supplier of high performance power products
critical to today's leading electronic applications in the
computing, communications, consumer, industrial and automotive
segments. As The Power Franchise(R), Fairchild offers the
industry's broadest portfolio of components that optimize system
power through minimization, conversion, management and distribution
functions. Fairchild's 9,000 employees design, manufacture and
market power, analog & mixed signal, interface, logic, and
optoelectronics products from its headquarters in South Portland,
Maine, USA and numerous locations around the world. Please contact
us on the web at www.fairchildsemi.com.
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