Fairchild Semiconductor (NYSE: FCS), a leading global supplier of high performance power and mobile products, has received a Core Supplier Performance Award from Gree Electric Appliances, Inc., China’s leading domestic and global air conditioner manufacturer.

Gree selected Fairchild to receive this prestigious award because of the company’s ability to provide a total solution for their needs. In addition to supplying energy-efficient products, Fairchild received recognition from Gree for the high level of executive attention and quick response that it delivered. The team from Fairchild worked closely with Gree’s engineers to understand the challenges that they faced and worked with them to develop practical solutions targeting air conditioner applications.

Liu Jun, Assistant President, Purchasing at Gree said, “We look forward to having a long-term relationships with Fairchild, particularly with the supply of key resources, such as PFCM and SPM® products.”

Power Factor Correction (PFC) devices for inverter drivers and power factor control applications from Fairchild have been deployed by Gree, delivering energy savings of up to 30 percent more than units that do not contain alternative solutions.

“Our line of PFC devices demonstrates how Fairchild applies proven design, manufacturing and packaging expertise to specifically address our customers’ design requirements,” said Dr. Kim, TaeHoon, senior vice president of Fairchild Semiconductor. “Our products offer Gree’s designers compact ‘green’ solutions ideal for increasing system reliability and efficiency while reducing board space.”

Gree has occupied the No.1 position in the Chinese air conditioner industry market for both sales volume and market share for 15 consecutive years. It has also been the global No.1 for sales volume of residential air conditioners for seven consecutive years.

"Receiving this Core Supplier Performance Award from Gree highlights the significant contribution that Fairchild has made and continues to make to the rapidly growing design and manufacturing industry in China," concluded Dr. Kim. “It also validates our focus on developing the right high quality products that drive energy-efficiency, and also on delivering to our customers, such as Gree, on time.”

About Gree

Gree Electric Appliances, Inc. of Zhuhai, founded in 1991, has become the world's largest specialized air conditioner company integrating R&D, manufacture, sales and service. In 2009, its annual sales revenue reached US$6.5 billion approx. Gree is one of the "Top 100 Chinese Listed Companies" as ranked by Fortune magazine for eight consecutive years. For further information please visit www.gree.com.

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. Follow us on Twitter @ http://twitter.com/FairchildSemi

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