MILPITAS, Calif., April 10, 2014 /PRNewswire/ -- KLA-Tencor Corporation (NASDAQ: KLAC), has been recognized as one of 18 companies receiving Intel Corporation's Preferred Quality Supplier (PQS) award for their performance in 2013. It has demonstrated industry-leading commitment across all critical focus areas on which they are measured: quality, cost, availability, technology, customer service, labor and ethics systems and environmental sustainability. The company is recognized for their significant contributions providing Intel with process control capital equipment and services, deemed essential to Intel's success.
"We are extremely honored to receive Intel's Preferred Quality Supplier Award for a third consecutive year," said Mike Kirk, executive vice president of Global Customer Operations at KLA-Tencor. "Intel's acknowledgement is a true testament to KLA-Tencor's ability to successfully collaborate with our customers and our commitment to delivering leading-edge inspection and metrology solutions for our customers worldwide. We look forward to another successful year in delivering the innovative technology that lives up to Intel's high standards."
"KLA-Tencor has been awarded PQS in 2013 for growing their partnership to help solve Intel's most difficult metrology and inspection challenges. In addition, they took a transparent approach to enable the companies to address challenging high volume manufacturing requirements in the areas of cost and velocity. We appreciate KLA-Tencor's commitment to build on their prior PQS performance and drive continuous improvement in the spirit of the Intel SCQI program," said Janice Golda, Director, Patterning Capital Equipment Development.
The PQS award is part of Intel's Supplier Continuous Quality Improvement (SCQI) program that encourages suppliers to strive for excellence and continuous improvement. To qualify for PQS status, suppliers must score 80 percent on a report card that assesses performance and ability to meet cost, quality, availability, technology, environmental, social and governance goals. Suppliers must also achieve 80 percent or greater on a challenging improvement plan and demonstrate solid quality and business systems. Additional information about the SCQI program is available at http://intel.com/go/quality.A celebration to honor PQS award winners was held in Santa Clara, California themed "Deliver the Present and Create the Future", which illustrates the contributions this supplier has made in 2013. In addition, there was an announcement on Intel's website at http://intel.com.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV