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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Altera Corporation    ALTR


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Altera Corporation : ZTE Presents Altera with Global Partnership Award

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01/10/2013 | 08:05am EST

SAN JOSE, Calif., Jan. 10, 2013 /PRNewswire/ -- Altera Corporation (NASDAQ: ALTR) today announced ZTE Corporation, a leading provider of telecommunications equipment and network solutions, presented the company with its 2012 Global Excellent Partnership Award. The award recognizes Altera for overall performance in delivering best-in-class products and services to ZTE during the past year. According to ZTE, innovative programmable solutions and technical support from Altera played a critical role in supporting product development for the company's existing and next-generation communication products.

(Logo: http://photos.prnewswire.com/prnh/20101012/SF78952LOGO)

"Year over year, Altera has consistently provided strong and dependable support for our business, and 2012 was an extraordinary year," said Zeng Zhaoxiang, vice president of ZTE. "The sales and technical support, product delivery, customer service and quality we received from Altera this year enabled us to achieve our objectives of providing high-quality, cost-competitive communications infrastructure solutions while at the same time managing our supply stability."

ZTE presents its Global Excellent Partnership Award each year to suppliers meeting rigorous performance criteria. Winners are chosen as a result of partner satisfaction surveys among company staff, including development and material engineers and purchasing employees. Suppliers are evaluated on cost efficiencies, on-time delivery, quality standards and service records. Altera scored the highest marks in all categories, resulting in the receipt of this year's award.

"Altera is committed to delivering best-in-class products and services to our customers, and receiving this global partnership award from ZTE is an honor," said Scott Bibaud, senior vice president and general manager of Altera's communications and broadcast division. "Our partnership with ZTE goes well beyond the traditional supplier-vendor relationship. Working together, we have established a deep understanding of ZTE's organizational and business objectives in order to tailor products and services to best serve their performance needs."

About Altera

Altera® programmable solutions enable system and semiconductor companies to rapidly and cost effectively innovate, differentiate and win in their markets. Find out more about Altera's FPGAs, SoCs, CPLDs and ASICs at www.altera.com. Follow Altera via Facebook, RSS and Twitter, and by subscribing to product update emails and newsletters.

ALTERA, ARRIA, CYCLONE, HARDCOPY, MAX, MEGACORE, NIOS, QUARTUS and STRATIX words and logos are trademarks of Altera Corporation and registered in the U.S. Patent and Trademark Office and in other countries. All other words and logos identified as trademarks or service marks are the property of their respective holders as described at www.altera.com/legal.

Editor Contact:
Steve Gabriel
Altera Corporation
(408) 544-6846


© PRNewswire 2013
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