Wipro Earns Supplier Recognition from Visteon Corporation
November 14 2018 - 8:26AM
Business Wire
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting and business process
services company, today announced that it has been recognized as a
top supplier to Visteon Corporation (NASDAQ: VC), a global leader
in automotive cockpit electronics, at Visteon’s Strategic Supplier
Conference in October, in Dearborn, Michigan.
Wipro was named a Best Quality Supplier, during an awards
ceremony at The Automotive Hall of Fame, attended by about 100
representatives from 60 Visteon strategic suppliers, as well as
senior leaders from Visteon. Winners of the Best Quality Award
distinguished themselves based on a strong record of product
quality, service and delivery to Visteon.
“Our suppliers are critical to the success of Visteon as a
technology-focused leader in cockpit electronics, particularly as
the industry transitions toward electric and autonomous vehicles,”
said Sachin Lawande, President and CEO, Visteon Corporation.
“Each of the suppliers recognized by Visteon has made a
particularly noteworthy contribution to our ability to develop
innovative, high-quality products and solutions for global
automakers, with speed and at competitive costs.”
“Wipro is honored to be recognized by Visteon for its role in
advancing the quality and technology of cockpit electronics in
vehicles, which is one of the fastest-growing and most important
segments in the automotive industry. This award is a testimony to
our continuous commitment to advancement and support of cutting
edge technology in the automobile industry,” said Milan Rao,
President - Marketing, Innovations & Technology,
and Global Head - Manufacturing & Communications Business,
Wipro Limited.
About Visteon
Visteon is a global technology company that designs, engineers
and manufactures innovative cockpit electronics products and
connected car solutions for most of the world’s major vehicle
manufacturers. Visteon is a leading provider of instrument
clusters, head-up displays, information displays, infotainment,
audio systems, SmartCore™ cockpit domain controllers, vehicle
connectivity and the DriveCore™ autonomous driving platform.
Visteon also supplies embedded multimedia and smartphone
connectivity software solutions to the global automotive industry.
Headquartered in Van Buren Township, Michigan, Visteon has
approximately 10,000 employees at more than 40 facilities in 18
countries. Visteon had sales of $3.15 billion in 2017. Learn more
at www.visteon.com.
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading
global information technology, consulting and business process
services company. We harness the power of cognitive computing,
hyper-automation, robotics, cloud, analytics and emerging
technologies to help our clients adapt to the digital world and
make them successful. A company recognized globally for its
comprehensive portfolio of services, strong commitment to
sustainability and good corporate citizenship, we have over 175,000
dedicated employees serving clients across six continents.
Together, we discover ideas and connect the dots to build a better
and a bold new future.
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth
prospects are forward-looking statements, which involve a number of
risks, and uncertainties that could cause actual results to differ
materially from those in such forward-looking statements. The risks
and uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding fluctuations in our
earnings, revenue and profits, our ability to generate and manage
growth, intense competition in IT services, our ability to maintain
our cost advantage, wage increases in India, our ability to attract
and retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration,
restrictions on immigration, our ability to manage our
international operations, reduced demand for technology in our key
focus areas, disruptions in telecommunication networks, our ability
to successfully complete and integrate potential acquisitions,
liability for damages on our service contracts, the success of the
companies in which we make strategic investments, withdrawal of
fiscal governmental incentives, political instability, war, legal
restrictions on raising capital or acquiring companies outside
India, unauthorized use of our intellectual property, and general
economic conditions affecting our business and industry. Additional
risks that could affect our future operating results are more fully
described in our filings with the United States Securities and
Exchange Commission. These filings are available at www.sec.gov. We
may, from time to time, make additional written and oral
forward-looking statements, including statements contained in the
company’s filings with the Securities and Exchange Commission and
our reports to shareholders. We do not undertake to update any
forward-looking statement that may be made from time to time by us
or on our behalf.
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Purnima BurmanWipro Limitedpurnima.burman@wipro.com
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