HSINCHU, Taiwan, and SUNNYVALE, Calif., Jan. 29 /PRNewswire/ -- Faraday
Technology Corporation (TAIEX: 3035), a leading ASIC and IP provider
announced today that the recently formed distribution partnership between
Faraday and Arrow North American Components (NAC), a business unit of Arrow
Electronics, Inc. (NYSE: ARW), has successfully won its first ASIC design.
After several months of productive training and joint promotion, both
companies look forward to the opportunity for many more high volume ASIC
designs as a result of this partnership. ASIC users in the North American
continent can now take advantage of the extensive support and coverage of
Arrow's sales network and regional design centers to access the world-class
ASIC services and IP portfolio from Faraday.
This first design win is from a system company located in the Pacific
Northwest. The application is industrial controller, and its design
includes embedded processor with a list of IP cores. Through Arrow's
extensive sales network and corporate strength, Faraday and Arrow have
prepared a complete and compelling package of technical and business
solutions for the customer.
"We are truly impressed with the professionalism and market knowledge
that the Arrow team brings to the partnership," said Dr. George Hwang, Vice
President of R&D and International Business at Faraday Technology
Corporation. "The focus and intensity that the Arrow team exhibited in
closing this first design win is refreshing and invigorating to all of us
at Faraday. We are truly convinced that Arrow will be able to catapult
Faraday onto the world stage of VLSI ASIC services in 2007 and beyond."
"Arrow appreciates the breadth and depth of Faraday's proven IPs and
ASIC capability," remarked Chris Miller, Director, Customer Logic Solutions
Group (formerly ASIC Business Group), Arrow North American Components.
"Faraday is an excellent match for those high volume system-on-chip
applications and a new solution to meet our customers' needs. Together,
both companies are working on multiple design win opportunities, and we
look forward to many more opportunities in the future."
About Arrow North American Components
The North American Components (NAC) business of Arrow Electronics, Inc.
is a leading provider of semiconductors and passive, electromechanical, and
connector products, services, and supply chain solutions tailored to serve
distinct customer segments with dedicated sales teams. Three primary,
customer-focused NAC groups serve these market segments: The Arrow/Zeus
Electronics Group targets the aerospace and military markets; the Arrow
Electronics Components Group serves local OEM and contract manufacturing
customers; and the Arrow Alliance Group focuses on large customers with
Arrow Electronics, Inc. (http://www.arrow.com) is a major global
provider of products, services and solutions to industrial and commercial
users of electronic components and computer products.
About Faraday Technology Corporation
Faraday Technology Corporation is a leading silicon IP and fabless ASIC
vendor. The company's broad silicon IP portfolio includes 32-bit RISC CPUs,
DSPs, MPEG4, H.264, PHYs/Controllers for USB 2.0, 10/100 Ethernet, Serial
ATA, PCI Express, Cell Library and Memory Compiler. With more than 700
employees and 2006 revenue of US$171 million, Faraday is one of the largest
fabless ASIC companies in the Asia-Pacific region, and it also has a
significant presence in other world-wide markets. Headquartered in Taiwan ,
Faraday has service and support offices around the world, including the
U.S. , Japan , Europe, and China . For more information, please visit:
Press Contact, Faraday Press Contact, Arrow
Selina Ko Krista McNamara
Marketing Manager Manager, Corporate Communications
+886.3.578.7888 ext.8350 +1.631.847.5454
SOURCE Faraday Technology Corporation