Celestica Recognizes ON Semiconductor with a 2012 "Total Cost of Ownership" Supplier Award

Celestica Recognizes ON Semiconductor with a 2012 "Total Cost of Ownership" Supplier Award

PHOENIX--(BUSINESS WIRE)-- ON Semiconductor (Nasdaq: ONNN) today announced it has been awarded a 2012 Total Cost of Ownership (TCOOTM) Supplier Award from Celestica, a global leader in the delivery of end-to-end product lifecycle solutions. Celestica's awards program recognizes suppliers that support Celestica's TCOO strategy and demonstrate excellence in quality, delivery, technology, service, pricing and flexibility.

"ON Semiconductor is proud to be recognized by Celestica," said Jeff Thomson, vice president of Global Channel Sales at ON Semiconductor. "This high profile endorsement from such an influential manufacturing customer underlines our capacity to serve the market with a broad portfolio of innovative products that possess industry-leading levels of performance and reliability. In addition, the operational efficiency and superior engineering support that we are able to offer our client base with the support of Celestica, enables us to maximize the effectiveness of our global supply chain."

This marks the seventh year of Celestica's TCOO Supplier Awards program. The program evaluates and recognizes the top performers in Celestica's global network of over 3,000 suppliers. Celestica's TCOO system is focused on evaluating supplier performance by measuring the total cost to produce, deliver and support products and services beyond the supplier invoice price.

"I am pleased to recognize ON Semiconductor with the Technical Compliance Award in 2012, which marks the seventh consecutive year we have honored the company with a TCOO award," said Paul Blom, Chief Procurement Officer, Celestica. "I sincerely thank ON Semiconductor for their commitment to Celestica's supply chain strategy and for delivering outstanding quality performance, helping us to enable our customers' success."

About ON Semiconductor

ON Semiconductor (NAS: ONNN) is driving innovation in energy efficient electronics, empowering design engineers to reduce global energy use. The company offers a comprehensive portfolio of energy efficient power and signal management, logic, discrete and custom solutions to help customers solve their unique design challenges in automotive, communications, computing, consumer, industrial, LED lighting, medical, military/aerospace and power supply applications. ON Semiconductor operates a responsive, reliable, world-class supply chain and quality program, and a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

ON Semiconductor and the ON Semiconductor logo are registered trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders. Although the company references its Web site in this news release, such information on the Web site is not to be incorporated herein.

ON Semiconductor
Anne Spitza, 602-326-0071
Corp Communications / Media Relations
Parag Agarwal, 602-244-3437
Senior Director Investor Relations

KEYWORDS:   United States  North America  Arizona


The article Celestica Recognizes ON Semiconductor with a 2012 "Total Cost of Ownership" Supplier Award originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story