Applied Materials Receives Supplier Excellence Award From Texas Instruments; Total Parts Management Program Earns the Award for the Second Consecutive Year
SANTA CLARA, Calif.--(BUSINESS WIRE)--July 7, 2000--Applied Materials, Inc. (Nasdaq:AMAT) today announced that Texas Instruments (TI) has honored it with a Supplier Excellence Award for the second consecutive year. Applied Materials is the only semiconductor equipment company to ever receive this recognition for demonstrating outstanding performance in spare parts and service.
"Applied Materials' achievement of earning two consecutive Supplier Excellence awards for their Total Parts Management(TM) (TPM) service is an exceptional accomplishment," said Rob Simpson, director, worldwide capital equipment procurement for Texas Instruments. "They exceeded their outstanding performance of last year, proving an exemplary commitment to continuous improvement and quality. The efficiency of the TPM service team to manage and assure parts supply helps make TI successful and deserves recognition. Additionally, Applied Materials and TI continue to work closely to find ways to reduce our cost of operations and make TI more competitive. This close teamwork has resulted in benefits for both TI and Applied Materials."
Winners of TI's annual Supplier Excellence Award are an elite group of companies that exhibit excellence in the combined areas of cost; environmental, safety & health; technology; responsiveness; assurance of supply and quality. Less than one percent of TI's supplier base receives this award.
"We are proud to receive this prestigious award from Texas Instruments and remain committed to continue delivering competitive value," said David Fried, corporate vice president, Applied Materials' Installed Base Support and Service Business Group. "We deeply appreciate TI's acknowledgement of the value we provide by managing spare parts for Applied Materials' equipment in their fab. TI's high quality standards are an inspiration for us and by working together we can further our shared goal to maximize customer value worldwide."
Applied Materials, Inc. is a Fortune 500 global growth company and the world's largest supplier of wafer fabrication systems and services to the global semiconductor industry. Applied Materials is traded on the Nasdaq National Market System under the symbol "AMAT." Applied Materials' web site is http://www.appliedmaterials.com.
CONTACT: Applied Materials, Inc.
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