Avago Technologies Awarded Optoelectronic Components Growth Excellence Award by Frost & Sullivan: Best Practices Award Recognizes Excellence in Implementing, Sustaining Growth through Unique Business Strategies
SAN JOSE, Calif., Avago Technologies, the world’s largest privately held semiconductor company, today announced it has been awarded the 2006 North American Optoelectronic Components Growth Excellence Award by Frost & Sullivan, a global consulting company.
Criteria included the ability to grow in a saturated or maturing market, annual market share growth, implementing unique sales strategies to increase market share and revenue growth, product innovation, and effective management of existing product portfolio, among other factors.
In his analysis on the selection of Avago, Frost & Sullivan Analyst Hemendhira M noted, “The company has established a high-degree reputation by providing a diverse range of industry-best fiber-optic products, LEDs, displays, optocouplers, image sensors, and infrared components which has strategically helped it to improve its presence over a wide range of applications.
He further states, “By adopting structured strategies and commercializing highly sophisticated products, the company has been recognized as a one-stop shop that offers a diverse range of product lines tailored to suit varying applications. The company fulfills the immediate requirements of its diverse customers who arrive from enterprise networking, wired and wireless communication, computer peripherals, industrial, and automotive markets.”
“We are pleased to be recognized for our achievement of sustaining diverse product growth in the Optoelectronics Components market,” said Jeff Henderson, senior vice president, worldwide sales and marketing at Avago. “We will continue to leverage our strengths in core optoelectronic technology and a deep understanding of customer needs, to develop differentiated products in diverse applications. This is the foundation which has helped us to achieve customer loyalty and the market share growth recognized by this award.”
More information on the Best Practices Awards may be obtained at www.awards.frost.com.
About Avago Technologies
Avago Technologies is the world’s largest privately held semiconductor company, with approximately 6,500 employees worldwide. Avago provides an extensive range of analog, mixed-signal and optoelectronic components and subsystems to more than 40,000 customers. The company's products serve four end markets: industrial and automotive, wired infrastructure, wireless communications, and computer peripherals. It is recognized for providing innovative, high-quality products along with strong customer service and the industry’s best on-time delivery. Avago’s heritage of technical innovation dates back 40 years to its Agilent/Hewlett-Packard roots. Information about Avago is available on the Web at www.avagotech.com.
