Vishay Asia Honored With TTI Supplier Excellence Award


SINGAPORE, June 23, 2016 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE:VSH) today announced that Vishay Intertechnology Asia Pte Ltd has received the 2015 TTI Asia Supplier Excellence Award. TTI is an authorized specialty distributor of interconnect, passive, and electromechanical components and the distributor of choice for industrial and consumer electronics manufacturers worldwide. Vishay is one of the world’s largest manufacturers of discrete semiconductors and passive electronic components.

This is the sixth year in a row that Vishay has won the TTI Asia Supplier Excellence Award, earning Platinum Level recognition for the second time. The TTI Supplier Excellence Awards 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.

Anthony Chan, President, TTI Asia, presented the Supplier Excellence Award to Vishay’s Johnson Koo, Senior Vice President, Asia Sales.

“In presenting the 2015 TTI Asia Supplier Excellence Award to Vishay, I congratulate Vishay for winning the award six years in a row,” said Mr. Chan. “Vishay is a valued partner of TTI, and this award underscores the very strong relationship between the two companies. I look forward to continued cooperation and mutual success in the future.”

“We are very pleased and deeply honored to once again receive this prestigious award,” said Vishay’s Johnson Koo. “On behalf of Vishay, I thank TTI for bestowing the award, and I thank the many Vishay Asia employees who demonstrated their commitment to excellence by working closely with their counterparts at TTI Asia. The partnership between Vishay and TTI is a strong and harmonious one and is of key importance to us.”

TTI, Inc., a Berkshire Hathaway company, is an authorized specialty distributor of interconnect, passive, and electromechanical (IP&E) components and the distributor of choice for industrial and consumer electronics manufacturers worldwide. Broader and deeper inventory, leading-edge products, and custom supply chain solutions have established TTI as the leading specialist in electronic component distribution. Globally, the company maintains 1.2 million cubic feet of dedicated warehouse space containing over 850,000 component part numbers. Along with its subsidiaries, Mouser Electronics and Sager Electronics, TTI employs more than 4,700 employees and is represented in 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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