Wright Williams & Kelly
Philips Semiconductors Acquires
June 10, 1997 (Dublin, CA) - Wright Williams & Kelly (WWK) announced today that Philips Semiconductors, the world's ninth largest semiconductor manufacturer, has acquired a universal license for WWK's cost of ownership (COO) products. The products, TWO COOL® for wafer fab operations and TWO COOL® for assembly and packaging, are being delivered for use at all Philips Semiconductors facilities worldwide. This agreement also covers majority owned joint ventures.
"Philips Semiconductors is committed to aggressively improving its capital efficiency," stated Mr. Stuart McIntosh, Chief Operations Officer, Philips Semiconductors. "TWO COOL® is a component in this effort as it provides an effective decision making tool to help us with focusing our suppliers on meeting our requirements. We decided to upgrade our internal systems with TWO COOL® after a thorough analysis of our organizational needs. The ability to use a globally accepted model that facilitates data exchange with our suppliers was a key factor in our decision."
"The Philips Semiconductors' order represents a dramatic change in the user base of cost of ownership," states David W. Jimenez, WWK's Vice President and General Manager. "Historically, wafer fab operations have dominated the use of COO. Philips Semiconductors has taken the next step by putting equal emphasis on cost of ownership for front-end and back-end operations. We look forward to the challenge of supporting Philips Semiconductors' diverse needs."
Philips Semiconductors, a product division of Philips Electronics NV, headquartered in Eindhoven The Netherlands, is Europe's top semiconductor company and the ninth largest semiconductor supplier in the world. Philips Semiconductors' innovations in digital audio, video and mobile technology, position the company as a leader in the consumer, multimedia, and wireless communications markets. Sales offices are located in all major markets around the world, and are supported by systems laboratories.