17 July 2017
Infineon receives Bosch Global Supplier Award for sixth time
At its 15th biennial Global Supplier Award ceremony, the world’s largest automotive supplier Robert Bosch GmbH presented Infineon Technologies AG of Munich, Germany with a ’Bosch Global Supplier Award’ for the sixth time. Bosch is already the third global automotive firm this year, after Toyota and DENSO, to acknowledge the chip maker for outstanding quality.
With the award, the Bosch Group honors outstanding performance in the manufacture and supply of products or services – notably in quality, innovation, and logistics. Infineon supplies Bosch, for example, with radar chips for driver assistance systems, microcontrollers for engine management, and chips for body and conenience applications.
For 2015 and 2016, Bosch honored the 44 best suppliers from 11 countries. Infineon received the award in the category electronics and electromechanics. Other categories are purchasing of indirect material, resale goods, innovation, mechanics as well as raw materials and components. Currently, the Bosch Group’s purchasing and logistics volume amounts to about 60% of its total sales (€73.1bn in fiscal 2016). Electronic and mechanical components are the main items purchased.
With a global market share of almost 11%, Infineon is one of the two market leaders in chips for automotive electronics. In 2016, the total market for automotive chips was $30.2bn (according to Strategy Analytics in April). Infineon claims to be the technology leader in driver assistance systems and autonomous driving as well as in electromobility. Its product portfolio for the automotive industry includes sensors, microcontrollers, power semiconductors, and power modules.