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BROADCOM AWARDS CHARTERED "FOUNDRY OF THE YEAR 2000"
Fabless
pioneer cites Chartered for excellence, quality in manufacturing;
Reinforces communications-smart strategy of leading
foundry
MILPITAS, Calif. - FEBRUARY 26, 2001 - Chartered
Semiconductor Manufacturing (NASDAQ: CHRT and SGX-ST:
Chartered), one of the world's top three silicon foundries,
has been named Foundry Supplier of the Year 2000 by
Broadcom Corporation (NASDAQ: BRCM), the leading provider
of integrated circuits enabling broadband communications.
Broadcom selected Chartered for its annual award based
on supplier excellence in the areas of technology, capacity,
customer support, quality and pricing.
The award, which follows a multi-year agreement that
the two companies signed in September 2000, underscores
Chartered's focus on the communications segment of the
semiconductor market. Chartered pioneered a "communications-smart"
development strategy that provides advanced silicon
manufacturing solutions for a broad range of communications
products, including cable set-top boxes, cable modems,
high-speed networks, and satellite communications -
all integral to Broadcom's business strategy.
"Broadcom chose Chartered for this award in recognition
of a successful year of cooperation and collaboration.
Chartered has a focused, flexible approach to ensuring
the success of its customers, and this is very important
to high-growth companies like ours that target fast-moving
market opportunities," said Vahid Manian, Vice President
of Manufacturing Operations at Broadcom. "Broadcom has
been working with Chartered since 1996 and we count
on their customer-oriented business philosophy and differentiated
manufacturing strategies to help us bring leading-edge
semiconductor solutions to market."
"Broadcom is a successful and fast-growing company that
truly represents the strength and speed of the fabless
model. We believe the value Chartered brings companies
like Broadcom is a comprehensive understanding of their
requirements and our demonstrated ability to rapidly
mobilize resources and deliver flexible services and
solutions," said Mike Rekuc, president of the Americas
for Chartered. "This award is a great honor for Chartered,
and another validation of our commitment to servicing
customers with unprecedented levels of cooperation,
efficiency and innovation."
Broadcom selects its Foundry Supplier of the Year after
an internal review of its foundry partners by the Broadcom
Supplier Rated Program. The recognition from Broadcom
is the latest in a series of quality awards Chartered
received from customers in the past several months,
including Flextronics (NASDAQ: FLEX) and Exar Corporation
(NASDAQ: EXAR). The first company to be awarded best
supplier status by Flextronics, Chartered was recognized
for its outstanding performance in delivering excellent
customer service and an award-winning formula for meeting
lead-time and quality requirements. Chartered was also
named Fiscal 2000 supplier of the year in July by Exar
for achieving the highest ratings in quality, reliability,
customer service, on-time delivery, and pricing.
About Chartered
Chartered Semiconductor Manufacturing is one of the
world's top three silicon foundries. The Company's business
model is distinguished by its strategy to build trusted
long-term relationships, where manufacturing is part
of a larger customer-service focus that includes joint
development and implementation of new process technologies
supporting novel applications within the broad communications
market. Chartered operates five semiconductor fabrication
facilities at its Singapore headquarters, with a sixth
fab under construction.
A Company with both global presence and perspective,
Chartered is traded on both the Nasdaq Stock Market
in the United States (Nasdaq: CHRT) and on the Singapore
Exchange Securities Trading Limited in Singapore (SGX-ST:
CHARTERED). The Company reported 2000 revenues of over
US$1.1 billion. More than 4,300 Chartered employees
are based at 11 locations around the world. Information
about Chartered Semiconductor Manufacturing can be found
at www.charteredsemi.com
Broadcom® is a registered trademark of Broadcom
Corporation and/or its affiliates in the United States
and certain other countries. All trademarks are the
property of their respective holders. Our relationships
with these companies are solely as described in this
document.
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