Fairchild Semiconductor Expands Strategic Partnership with Sichuan Changhong Electric Co.
September 28 2010 - 11:01AM
Business Wire
Fairchild Semiconductor (NYSE: FCS), a leading global supplier
of high performance power and mobile products, has entered into a
memorandum of understanding (MOU) with Sichuan Changhong Electric
Co., Ltd. - one of the largest manufacturers of consumer
electronics devices in China.
The strategic partnership enables the companies to collaborate
further on product development. Changhong has committed to
fulfilling purchasing target plans for Fairchild’s leading-edge
power and mobile components through December 2015. Fairchild’s
devices are designed into a broad range of Changhong products
including LED TVs, PDP TVs, LCD TVs, CRT TVs, set-top boxes,
refrigerators and air conditioners.
Fairchild and Changhong maintain a close relationship, which
started in 2004 with the establishment of a joint product
development laboratory. This announcement is an extension of that
long-standing cooperation. Changhong is renowned for technical
innovation, quality products and significant production
capabilities. Fairchild’s high voltage MOSFETs, Fairchild Power
Switches (Green FPS™), IGBTs, interface switches, diodes, logic
devices and rectifiers are some of the products designed into
Changhong’s consumer devices.
“Since Changhong was established in 1958, we have grown to
become a worldwide industry leader and the largest supplier of
consumer electronics in Asia,” said Liu Tibin, vice president and
general manager of Changhong group. “We partnered with Fairchild in
order to develop and differentiate our consumer electronic products
and to solve difficult technical challenges. We look forward to
building on this successful partnership in the future. The high
quality and value of Fairchild’s energy-efficient semiconductor
solutions and the high level of customer service they provide were
key factors in our decision to select them as a strategic
supplier.”
Based in Sichuan’s Mianyang City, Sichuan Changhong Electric is
one of the province’s leading enterprises and has been ranked
number one in China’s domestic consumer electronics market; one out
of every four TVs in China is manufactured by Changhong.
“With its world-class manufacturing facilities, comprehensive
product portfolio and leading-edge R&D capabilities, Changhong
has deservedly built an excellent reputation, both domestically and
globally, for providing high quality electronic products and
services,” said Benjamin Tan, Fairchild’s regional vice president
of Sales and Marketing, China and South East Asia.
“Fairchild has been a strong supporter of China’s domestic
electronics industry since we entered the market in 1997,” Tan
concluded. “We are delighted to be partnering with Changhong,
particularly as this enables us to play a further part in boosting
Sichuan’s economic and social development.”
About Fairchild Semiconductor:
Fairchild Semiconductor (NYSE: FCS) – global presence, local
support, smart ideas. Fairchild delivers energy-efficient,
easy-to-use and value-added semiconductor solutions for power and
mobile designs. We help our customers differentiate their products
and solve difficult technical challenges with our expertise in
power and signal path products. Please contact us on the web at
www.fairchildsemi.com.
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About Changhong
Sichuan Changhong Electric Co., Ltd. is a comprehensive
multinational corporation, which does research and development,
along with the manufacturing and sales of a broad portfolio of
products and solutions including household appliances such as
air-conditioners, televisions and new panel displays. It also
provides components and solutions for the IT, telecommunications,
networking, digital, ICs, energy, industrial and electronics
sectors. The Changhong Group operates Guangdong Changhong, Jilin
Changhong and Jiangshu Changhong. The company is becoming a
competitive and influential integrated 3C product and service
supplier.
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