Bernin (Grenoble), France, June 2, 2016 (GLOBE NEWSWIRE) -- Soitec (Euronext), a world leader in manufacturing semiconductor materials and a high-volume supplier of silicon-on-insulator (SOI) substrates for the electronics industry, has received the award as the best quality supplier among all vendors from NXP Semiconductors, the world's largest automotive semiconductor manufacturer. Soitec's Power SOI(TM) substrates use to manufacture smart power IC's for automotive applications represent a significant and strategic market for Soitec's business, which is growing at a steady rate.

With continuous innovations in vehicle security, connectivity, infotainment and carbon emissions control as well as the emerging use of autonomous driving, the total semiconductor content per automobile is growing rapidly. According to industry analysis, automotive applications represent the fastest growing end-use IC market segment. Soitec estimates that each new car built today contains an average of 80 square millimeters of SOI and more than six billion automotive ICs have been manufactured on its Power SOI substrates to date.

NXP announced the winners of its annual Supplier Awards in Austin, Texas on May 19 at the company's first Supplier Day following NXP's merger with Freescale.

"We are very honored to receive NXP's best quality award," said Thomas Piliszczuk, senior vice president of sales and marketing at Soitec. "This award recognizes the everyday focus of Soitec on our product quality and performance in delivering the best SOI substrates to meet the most demanding industry quality standards."

About Soitec's Power SOI(TM) substrates: Power SOI substrates provide excellent electrical isolation and are ideal for improving reliability and integrating devices operating at different voltages - from a few volts to several hundred volts - while reducing die area. These wafers are mainly used in the automobile electronics industry in making transceivers, audio amplifiers, powertrain controls and brightness LED drivers.

About Soitec: Soitec (Euronext, Tech 40 Paris) is a world leader in designing and manufacturing high-performance semiconductor materials. The company uses its unique technologies and semiconductor expertise to serve the electronics market. With 3,600 patents worldwide, Soitec's strategy is based on disruptive innovation to answer its customers' needs for high performance, energy efficiency and cost competitiveness. Soitec has manufacturing facilities, R&D centers and offices in Europe, the U.S. and Asia. For more information, please visit www.soitec.com and follow us on Twitter: @Soitec_EN

International Media Contact
Camille Dufour
+33 (0)6 79 49 51 43

Investor Relations
Steve Babureck
+1 858 519 6230
or +33 (0)6 16 38 56 27 steve.babureck@soitec.com

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Soitec press release in PDF http://hugin.info/143589/R/2017732/748771.pdf