STMicroelectronics Named Supplier of the Year by Continental Automotive

“2008 was a challenging year for Continental Automotive and its supply base due to the integration process after the acquisition of Siemens VDO and the tough market environment we all are facing. During such times it is vital to have reliable partners and suppliers and we are happy to announce STMicroelectronics showed a truly outstanding performance in 2008 and was selected our Supplier of the Year as the best-performing broadline distributor in the electronics cluster,” said Kai-Uwe Brinkmann, Vice President, Purchasing Electronics, Continental Corporation.

“Drawing on the engagement and commitment of ST teams to excellence in product quality and customer satisfaction, we are set to continue as a reliable partner of Continental,” said Ugo Carena, Corporate VP, Automotive Product Group, STMicroelectronics. “This important recognition of ST’s products and services from a global leader in the automotive field humbles us and further encourages our commitment.”

As a strategic partner and key Automotive customer of STMicroelectronics, Continental benefits from ST’s broad portfolio of automotive electronics, which range from microcontrollers and memories to application-specific chips, power electronics and car radio solutions. ST is Continental’s key supplier in all these product categories.