Analysis
Avago Technologies gets Frost & Sullivan Optoelectronic Components Growth Excellence Award
Avago Technologies has announced it has been awarded the 2006 North American Optoelectronic Components Growth Excellence Award by Frost & Sullivan. Avago Technologies supplies semiconductor solutions for advanced communications, industrial and commercial applications. Criteria included the ability to grow in a saturated or maturing market, annual market share growth, implementing unique sales strategies to increase market share and revenue growth, product innovation, and effective management of existing product portfolio, among other factors.
In hHe further states, "By adopting structured strategies and commercializing highly sophisticated products, the company has been recognized as a one-stop shop that offers a diverse range of product lines tailored to suit varying applications. The company fulfills the immediate requirements of its diverse customers who arrive from enterprise networking, wired and wireless communication, computer peripherals, industrial, and automotive markets."
"We are pleased to be recognized for our achievement of sustaining diverse product growth in the Optoelectronics Components market," said Jeff Henderson, senior vice president, worldwide sales and marketing at Avago. "We will continue to leverage our strengths in core optoelectronic technology and a deep understanding of customer needs, to develop differentiated products in diverse applications. This is the foundation which has helped us to achieve customer loyalty and the market share growth recognized by this award."