Siemens and Texas Instruments

Siemens AG has 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, Texas, U.S.

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