Analysis
Fairchild Semiconductor Awarded Core Supplier Performance Award by Gree, China's Top Aircon Supplier
Fairchild Semiconductor (NYSE: FCS), a leading global supplier of high performance power and mobile products, has received a Core Supplier Performance Award from Gree Electric Appliances, Inc., China's leading domestic and global air conditioner manufacturer.
GreeLiu Jun, Assistant President, Purchasing at Gree said, We look forward to having a long-term relationships with Fairchild, particularly with the supply of key resources, such as PFCM and SPM® products.
Power Factor Correction (PFC) devices for inverter drivers and power factor control applications from Fairchild have been deployed by Gree, delivering energy savings of up to 30 percent more than units that do not contain alternative solutions.
Our line of PFC devices demonstrates how Fairchild applies proven design, manufacturing and packaging expertise to specifically address our customers' design requirements, said Dr. Kim, TaeHoon, senior vice president of Fairchild Semiconductor. Our products offer Gree's designers compact 'green' solutions ideal for increasing system reliability and efficiency while reducing board space.
Gree has occupied the No.1 position in the Chinese air conditioner industry market for both sales volume and market share for 15 consecutive years. It has also been the global No.1 for sales volume of residential air conditioners for seven consecutive years.
Receiving this Core Supplier Performance Award from Gree highlights the significant contribution that Fairchild has made and continues to make to the rapidly growing design and manufacturing industry in China, concluded Dr. Kim. It also validates our focus on developing the right high quality products that drive energy-efficiency, and also on delivering to our customers, such as Gree, on time.