13 December 2011

Avago receives Best Financially Managed Semiconductor Company award

On December 8, Avago Technologies was named “Best Financially Managed Semiconductor Company” for 2011 by the Global Semiconductor Alliance (GSA). The award is presented in recognition of semiconductor companies that have demonstrated excellence through their success, vision, strategy and future opportunities in the industry.

Avago was named the best financially managed semiconductor company among its peers based on a number of financial metrics, such as growth rates, margins, cash flow, profitability ratios, efficiency ratios and return on capital, says the firm.

“Being recognized by the GSA as the industry's best financially managed company is outstanding validation of our business model and our execution," said Doug Bettinger, Avago's SVP of Finance and CFO. “This award serves as a tribute to Avago’s exceptional technologies and to the tremendous work ethic of our employees.”

Tags: Avago

Visit: www.gsaglobal.org

Visit: www.avagotech.com

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