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Microchip Technology again recognized for leadership and innovation; named on Forbes 2000 list of world’s largest companies

(Business News, 08 Jul 2008 )

Microchip Technology has been recognized by the following national business and electronics organizations for product and workplace leadership.

"As a worldwide leader in providing 8-, 16- and 32-bit microcontrollers with seamless software migration, and a recent addition to the S&P 500 Index, our greatest reward is that design engineers prefer Microchip for their embedded designs," said Steve Sanghi, Microchip's president and CEO. "We are extremely honoured to again be recognized for the technology and business excellence that our customers and long-term investors have come to expect."

Forbes magazine named Microchip to its 4th annual list of the "Forbes Global 2000" largest companies in the world. The magazine includes companies with the top composite scores, based on their rankings for sales, profits, assets and market value. Forbes uses this composite ranking because they believe that one metric alone can give a false impression about corporate size.

Microchip was also named a winner of the 2008 Alfred P. Sloan Award for Business Excellence in Workplace Flexibility, distinguishing the Company as a leading practitioner of workplace flexibility in Arizona and across the nation. These honours are awarded as part of the When Work Works project, an ongoing initiative of the Families and Work Institute, the Institute for a Competitive Workforce (an affiliate of the U.S. Chamber of Commerce), and the Twiga Foundation. The Sloan Awards recognize organizations that are dedicated to making work "work" for both the employer and the employees. Representing employers of all sizes and all types, winners of this prestigious award not only offer excellent workplace flexibility practices, but they also use flexibility as a strategic business tool to enhance organizational effectiveness while benefiting employees.

Microchip Technology

 
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