Siemens selects Texas Instruments as its best supplier worldwide

Siemens Industry, Inc.

Siemens AG on October 20 honored its best suppliers worldwide in fiscal 2010. The four awards are shared between two major concerns and two mid-sized companies. The U.S. company Texas Instruments took first place in the overall ranking. In addition, Siemens selected the Trips Group Germany as the most innovative supplier, Franke GmbH with headquarters in Aalen, Germany, as the best in the Global Value Sourcing category and Deutsche Post DHL as the most sustainable supplier. “Siemens stands for innovative strength and sustainability – this is why outstanding achievements by our suppliers in these categories are particularly important,” said Barbara Kux, member of the managing board of Siemens AG.

Texas Instruments (TI), the winner in the overall ranking, has been supplying Siemens with semiconductors for more than 30 years. In addition to good sustainability, productivity, reliability, technology, innovation and quality, the jurors emphasized TI’s particular ability to respond to Siemens AG’s very wide range of requirements. TI has some 27,000 employees and in fiscal 2009 generated revenue of about $10 billion. The company’s headquarters are in Dallas.

The Trips Group has been manufacturing protection and control systems for switchgear for Siemens since 2003. The company, headquartered in Grafenrheinfeld, Germany, and Singapore was selected by the jury in the Innovation category for a novel manufacturing process. This reduced manufacturing costs and errors and increased customer satisfaction and the competitiveness of Trips. This mid-sized company has 160 employees and posted revenue of €20 million in fiscal 2009.

The winner in the Global Value Sourcing category was Franke GmbH. The company manufactures components for Siemens computer tomographs. Franke impressed the jury with its successful transfer of a particular technology to a local partner in China – which led to a noticeable improvement in the supplies for the manufacturing plant at Siemens in Shanghai. The mid-sized company with headquarters in Aalen employs 210 people and has annual revenue of €30 million.

With its programs in the areas of climate protection, disaster relief and education, the logistics services provider Deutsche Post DHL focused in particular on sustainability and social responsibility. This company thus came first in the Sustainability category. With some 500,000 employees, Deutsche Post DHL generated revenue of more than €46 billion in fiscal 2009.

Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the industry, energy and healthcare sectors. For over 160 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the world’s largest provider of environmental technologies, generating €23 billion – nearly one-third of its total revenue – from green products and solutions. In fiscal 2009, which ended on September 30, 2009, revenue totaled €76.7 billion and net income €2.5 billion. At the end of September 2009, Siemens had around 405,000 employees worldwide.

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