NORTH READING, Mass., May 23, 2018 (GLOBE NEWSWIRE) -- Teradyne, Inc. (NYSE:TER), a leading supplier of automated test solutions, was named "THE BEST" of all test equipment companies by customers in the VLSIresearch annual survey of companies that provide hardware, software, and services to the semiconductor industry. Teradyne placed first in both “THE BEST Suppliers of Test Equipment” and “The 10 BEST Large Suppliers of Chip Making Equipment” categories. Customers also rated Teradyne highest in “Recommend Supplier” and “Trust in Supplier.”
Greg Smith, President of the Semiconductor Test Division at Teradyne, said, "One of our core values at Teradyne is that our customers can count on us. We take this value seriously and work every day to earn our customers’ trust. It’s gratifying to see that Teradyne’s customers recognize that commitment in the VLSIresearch survey.”
Since 1988, the VLSIresearch annual Customer Satisfaction Survey has been the semiconductor industry’s primary method for ranking and rating the suppliers of semiconductor equipment and subsystems. The 10 BEST and THE BEST awards are considered the industry’s most prestigious recognitions.
“We would like to congratulate Teradyne for placing first in our customer satisfaction ranking for the sixth consecutive year – a very significant accomplishment. The data speaks for itself, demonstrating Teradyne’s continued customer approval and commitment to innovation and technological leadership. The recognition further exemplifies Teradyne’s ability to consistently deliver superior products and services to the ATE market,” said G. Dan Hutcheson, CEO of VLSIresearch.
Ty Akin, Vice President of Worldwide Sales at Teradyne added, “Our customers’ success is absolutely our top priority at Teradyne. It is an incredible honor for our team to hear feedback directly from our customers that we are meeting and exceeding their expectations. Our customers’ trust in Teradyne is common to our core values. We are fully committed to continuing this pace of excellence by delivering a competitive advantage to all our worldwide customers.”
About Teradyne
Teradyne (NYSE:TER) is a leading supplier of automation equipment for test and industrial applications. Teradyne Automatic Test Equipment (ATE) is used to test semiconductors, wireless products, data storage and complex electronic systems, which serve consumer, communications, industrial and government customers. Our Industrial Automation products include collaborative robots used by global manufacturing and light industrial customers to improve quality and increase manufacturing efficiency. In 2017, Teradyne had revenue of $2.14 billion and currently employs approximately 4,500 people worldwide. For more information, visit www.teradyne.com. Teradyne® is a registered trademark of Teradyne, Inc. in the U.S. and other countries.
| For more information, contact: |
| |
| Andrew Blanchard |
| Investor Relations |
| Tel 978.370.2425 |
| investorrelations@teradyne.com |
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/232b3f34-78b9-4a30-83e9-4318245176c7.