Siliconware Precision Industries, Co., Ltd. was named a recipient of Intel Corporation's Preferred Quality Supplier (PQS) award for outstanding performance in providing products and services deemed essential to Intel's success. The company was awarded for its efforts in supplying Intel with semiconductor assembly and test services. Siliconware Precision Industries, Co., Ltd. and 25 additional PQS award winners will be honored at a celebration in Burlingame, Calif., on March 15.
"Siliconware Precision Industries Ltd. (SPIL) is honored to receive Intel's prestigious Preferred Quality Supplier Award," said Randy Lo, President of Siliconware USA, Inc. "It is especially rewarding to be recognized as a best-in-class supplier to Intel. We strive to continue our commitments to provide unexcelled customer services, quality products, and services to our customers."
"Congratulations to Siliconware Precision Industries, for earning the Preferred Quality Supplier Award," said Mark Kaltenbach, Intel Director, Assembly Test Materials Operations. "This recognition reflects SPIL's outstanding customer service and support to Intel in the semiconductor packaging solutions commodity. SPIL role models the drive for continuous improvement that this award honors."
The PQS awards are part of Intel's Supplier Continuous Improvement (SCQI) process that encourages suppliers to strive for excellence and continuous improvement. To qualify for PQS status, suppliers must score 80 percent on a report card that assesses performance and ability to meet cost, quality, availability, delivery, technology and responsiveness goals. Suppliers must also manage and deliver on a challenging improvement plan and a quality systems assessment. Additional information about the SCQI program is available at http://supplier.intel.com/quality/.
Intel will also recognize PQS award winners on March 15 with an advertisement in the U.S., Europe and Asian editions of The Wall Street Journal
About Siliconware Precision Industries, Co., Ltd.
Siliconware Precision Industries Ltd. ("SPIL") is a leading provider of comprehensive semiconductor assembly and test services. SPIL is dedicated to meeting all of its customers' integrated circuit packaging and testing requirements, with turnkey solutions that cover design consultations, modeling and simulations, wafer bumping, wafer probe and sort, package assembly, final test, burn-in, and drop ship. Products include advanced leadframe and substrate packages, which are widely used in personal computers, communications, internet appliances, cellular phones, digital cameras, cable modems, personal digital assistants and LCD monitors. SPIL supplies services and support to IDMs, fabless design houses, integrated device manufacturers and wafer foundries globally. For further information, visit SPIL's web site at http://www.spil.com.tw/.
Here's a little excerpt from a Motley Fool article on SPIL:
What's even better is having one company that can act as a proxy for that big market. That's what we have in semiconductor packaging and testing specialist Siliconware Precision Industries (Nasdaq: SPIL). One look at Siliconware's results will tell you how the whole chip industry is doing.
Though about 75% of Siliconware's revenue comes from fabless customers like Broadcom (Nasdaq: BRCM) and NVIDIA (Nasdaq: NVDA), large designers with some in-house manufacturing lines like Intel (Nasdaq: INTC) and SanDisk (Nasdaq: SNDK) also use Siliconware's chip testing and packaging services. So when the company's order book dries up, it's a sure sign of deep and dark malaise in the entire sector.
Like SPIL, SNDK reported blowout earnings and gave a great forecast going forward. Yet another SPIL customer doing very well.
Third-Quarter Revenue $9.4 Billion, Strongest Second-to-Third-Quarter Growth in over 30 years
SANTA CLARA, Calif., Oct 13, 2009 (BUSINESS WIRE) -- --Gross Margin 58 Percent, Up 7 Points Sequentially --Operating Income $2.6 Billion --Net Income $1.9 Billion --EPS 33 Cents
Intel Corporation today reported third-quarter revenue of $9.4 billion. The company reported operating income of $2.6 billion, net income of $1.9 billion and earnings per share (EPS) of 33 cents. "Intel's strong third-quarter results underscore that computing is essential to people's lives, proving the importance of technology innovation in leading an economic recovery," said Paul Otellini, Intel president and CEO. "This momentum in the current economic climate, plus our product leadership, gives us confidence about our business prospects going forward. As we look ahead, Intel's game-changing 32nm process technology will usher in another wave of innovation from new, powerful Intel(R) Xeon(TM) server platforms to high-performance Intel(R) Core(TM) processors to low-power Intel(R) Atom(TM) processors."