Renesas Electronics Honoured with Volkswagen Group Award 2012

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Investor Relations

18 Aug 2012

Dusseldorf, Germany, August 16, 2012 — Renesas Electronics Europe, a premier supplier of advanced semiconductor solutions, today announced that the Volkswagen Group has recognized its customer orientation and support with the 2012 supplier award. Renesas Electronics was also commended for maintaining supply chain reliability during the Japanese earthquake disaster of March 2011. The Volkswagen Group Award 2012 was presented by Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen AG, and Dr. Francisco Javier Garcia Sanz, Member of the Group Board of Management with responsibility for Procurement.

 

  The award ceremony, attended by about 200 guests, took place on July 18 in Copenhagen, Denmark. It was held during the launch event for the Audi A3, the first of the Volkswagen Group’s cars to feature the new modular transverse toolkit (MQB). The accolade was presented to 18 of the carmaker’s premium partners, with Renesas Electronics and AISIN AW CO., LTD., also from Japan, receiving a joint award. Prof. Dr. Winterkorn and Dr. Garcia Sanz commended the two companies for maintaining transparent communications and meeting all delivery deadlines with the highest level of reliability, despite the major earthquake that had severely damaged their production facilities in March 2011.

 

  The Volkswagen Group Award is presented to selected suppliers, with the criteria including innovative strength, product quality, development expertise and competent project management. Initiatives to improve efficiency and environmental compatibility also rank as one of the main criteria in the selection process. Prof. Dr. Winterkorn, in his speech to the 18 award winners, underlined the importance of their contribution in implementing the group’s MQB strategy, while Dr. Garcia Sanz noted that the partners’ products would be used worldwide as the MQB strategy is extended throughout the group. The MQB enables the Volkswagen Group to design a wide range of car models with transverse engines based on the same set of component characteristics, such as the mounting position of the engine.

 

  “Renesas Electronics is honoured to be one of the premium suppliers working on the Volkswagen Group’s MQB as well as for the award,” commented Yoichi Yano, Executive Vice President and Member of the Board at Renesas Electronics Corporation. “Volkswagen is an innovation leader in the automotive sector, which is of key strategic importance to us here at Renesas Electronics.”

About Renesas Electronics Europe

Renesas delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live – securely and safely. As the number one global supplier of microcontrollers, and a leader in A&P and SoC products, Renesas provides the expertise, quality, and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics (HE), Office Automation (OA) and Information Communication Technology (ICT) applications to help shape a limitless future.

Renesas Electronics Corporation was established in 2010 and is headquartered in Japan.With over 800 hardware and software alliance partners worldwide, it has the industry’s largest local support network. Renesas Electronics’ European structure is comprised of three business units – the Automotive, the Broad-based and the Industrial Solution Business Unit.

Further information about Renesas Electronics Europe is available at at www.renesas.com

Renesas Electronics Europe is also on social media at http://twitter.com/Renesas_Europe, http://facebook.com/RenesasEurope and http://youtube.com/RenesasPresents.

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