SAN JOSE, Calif., June 28, 2012 /PRNewswire/ -- Micrel, Inc. (NASDAQ: MCRL), an industry leader in analog, high-bandwidth communications and Ethernet IC solutions, today announced it has been awarded a 2011 Total Cost of Ownership (TCOO™) Supplier Award from Celestica, a global leader in the delivery of end-to-end product lifecycle solutions. Celestica's awards program recognizes suppliers that support Celestica's TCOO sourcing strategy to provide its customers with the best possible supply chain solution for their products.
"Micrel is proud to be recognized by Celestica," said David Schwartz, vice president, worldwide sales, Micrel. "Micrel is focused on providing the highest possible quality and services, striving to add value in every aspect of the supplier chain. This award acknowledges the tremendous effort Micrel has put forth in support of Celestica's world class supply chain strategy and illustrates our core values and dedication in helping our customers to succeed."
This marks the sixth year of Celestica's TCOO Supplier Awards program, which evaluates and recognizes the top performers in Celestica's global network of over 3,000 suppliers. Celestica's TCOO system is focused on evaluating supplier performance by measuring the total cost to produce, deliver and support products and services beyond the supplier invoice price. As such, it considers the following supplier attributes: quality, delivery, technology, service, pricing and flexibility.
"Congratulations to Micrel for being recognized with a 2011 TCOO Supplier Award," said Craig Muhlhauser, President and CEO, Celestica. "I sincerely thank Micrel for supporting our strategy to drive speed and responsiveness throughout the supply chain, which ultimately provides our customers with the flexibility they need to respond to fluctuations in end-market demand and overcome any challenge."
About Micrel, Inc.
Micrel, Inc. is a leading global manufacturer of IC solutions for the worldwide analog, Ethernet and high bandwidth markets. The Company's products include advanced mixed-signal, analog and power semiconductors; high-performance communication, clock management, Ethernet switch and physical layer transceiver ICs. Company customers include leading manufacturers of enterprise, consumer, industrial, mobile, telecommunications, automotive, and computer products. Corporation headquarters and state-of-the-art wafer fabrication facilities are located in San Jose, CA, with regional sales and support offices and advanced technology design centers situated throughout the Americas, Europe and Asia. In addition, the Company maintains an extensive network of distributors and reps worldwide. Web: http://www.micrel.com.
SOURCE Micrel, Inc.