SINGAPORE--(Marketwired - May 22, 2014) - Vishay Intertechnology, Inc. (NYSE: VSH) today announced that Vishay Intertechnology Asia Pte Ltd has received the TTI Asia Supplier Excellence Award and the TTI Asia Diamond Award. Vishay is one of the world's largest manufacturers of discrete semiconductors and passive electronic components. TTI is the world's leading authorized distributor specialist offering interconnect, passive, electromechanical, and discrete components.
This is the fourth year in a row that Vishay has won the TTI Asia Supplier Excellence Award and the third year in a row that it has won the TTI Asia Diamond Award.
The TTI Supplier Excellence Award program centers on quality measurements that include on-time delivery, receiving quality, customer quality, administrative quality, sales support, and business systems. Winners are determined by performance points for these criteria. Vishay qualified for the TTI Asia Diamond Award by receiving the highest total score among TTI's suppliers in the Asia region.
The TTI Asia awards were presented to Vishay on April 10 at Vishay's Asia headquarters in Singapore. Anthony Chan, Senior Vice President and General Manager, TTI Asia, presented the Supplier Excellence Award to Vishay's Dominic Cheung, Senior Director of Sales, South East Asia. He presented the Diamond Award to Vishay's Victor Lim, Senior Director, Distribution Sales, Asia.
"It is with great pleasure that I present Vishay Intertechnology Asia Pte Ltd with the 2013 TTI Asia Supplier Excellence Award and the 2013 TTI Asia Diamond Award," said Mr. Chan. "On behalf of TTI Asia, I thank Vishay for the support it has provided to TTI and offer sincere thanks to all the employees of Vishay Intertechnology Asia Pte Ltd for making these achievements possible. We look forward to having Vishay embrace our 2014 program and dedicate its resources to TTI Asia in providing excellent service to our customers."
"We are extremely proud to have won the TTI Asia Supplier Excellence Award and TTI Asia Diamond Award," said Vishay's Victor Lim. "The awards highlight our very strong relationship with TTI. They also underscore the hard work and commitment to excellence of Vishay employees, as well as TTI's faith in Vishay. I thank all the Vishay employees and TTI employees who made these awards possible."
TTI, Inc., a Berkshire Hathaway company, is a specialty distributor of passive, interconnect, electromechanical and discrete components. TTI is the distributor of choice for electronic manufacturers worldwide. TTI's extensive product line includes: resistors, capacitors, connectors, potentiometers, trimmers, magnetic circuit protection, filters, relays, switches, sensors and discrete semiconductor devices. TTI is recognized as the industry's leader in service and quality and provides a broad array of supply chain services to its customer base. TTI along with its subsidiary Mouser Electronics employs more than 3,500 with over 100 locations throughout North America, Europe and Asia. For more information about TTI visit www.ttiinc.com.
Vishay Intertechnology, Inc., a Fortune 1000 Company listed on the NYSE (VSH), is one of the world's largest manufacturers of discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors, and capacitors). These components are used in virtually all types of electronic devices and equipment, in the industrial, computing, automotive, consumer, telecommunications, military, aerospace, power supplies, and medical markets. Vishay's product innovations, successful acquisition strategy, and "one-stop shop" service have made it a global industry leader. Vishay can be found on the Internet at www.vishay.com.
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