Visteon Recognizes NEC Electronics for Contributions to Its Value-Based Supply Chain

Business Wire, May 1, 2008

NEC Electronics Named "Visteon Important Partner" for 2007

KAWASAKI, Japan & SANTA CLARA, Calif. & DUESSELDORF, Germany -- Demonstrating its commitment to quality and customer service, NEC Electronics announced it is a recipient of a 2007 Visteon Important Partner award from Visteon Corporation (NYSE: VC). The annual award program recognizes suppliers that exemplify best-in-class performance and go above and beyond to meet Visteon's needs and expectations. Selection criteria focus on a supplier's performance in terms of quality, delivery, technology, launch and cost control.

"NEC Electronics has distinguished itself as an outstanding Visteon supplier, and its performance has been instrumental in helping Visteon deliver innovative, high-quality, cost-efficient products to vehicle manufacturers," said Patrick Bauer, Visteon senior director, material planning and logistics - indirect and central purchasing.

As a global company, cultivating collaborative relationships with its supplier partners is crucial to Visteon's success in delivering innovative and high-quality products to vehicle manufacturers around the world. Earning a Visteon Important Partner award demonstrates that NEC Electronics has performed "at an extremely high level," according to Visteon President and Chief Operating Officer, Donald J. Stebbins.

As a Visteon Important Partner award nominee, NEC Electronics underwent a thorough review of its performance and business contributions by a global cross-functional Visteon team, with input from manufacturing, product development, supplier quality, customer business and purchasing groups. NEC Electronics achieved concurrence from all functional groups and operating regions to demonstrate the high level of performance that Visteon promotes within its supply base.

"NEC Electronics is unwavering in its commitment to delivering the highest quality products and support to Visteon and the automotive market," said Jim Trent, vice president, multipurpose MCU and automotive strategic business units. "NEC Electronics is focused on achieving customer satisfaction and success through improved design and manufacturing quality. It is very rewarding to receive recognition from Visteon for our efforts."

Commitment to Automotive Customers

NEC Electronics is dedicated to serving the needs of automotive customers and offers a wide range of MCUs and power management devices (PMDs) for automotive use. On a worldwide basis, NEC Electronics Corporation was the number one supplier of 32-bit MCUs in 2007 according to the Gartner Dataquest March 2008 rankings report. NEC Electronics also offers advanced systems on chips (SoCs) such as the NaviEngine[R]1 SoC and IMAPCAR[R] image recognition processor for automotive safety systems.

In addition to a strong product lineup, NEC Electronics also maintains a strong global manufacturing presence to support automotive customers around the world, as evidenced by the Multifab[TM] strategy initiated in manufacturing plants at NEC Kyushu Yamaguchi (Japan) and NEC Electronics America (Roseville, California), and by the automotive design center and quality assurance teams established in Duesseldorf, Germany. To support the global automotive industry, NEC Electronics America recently expanded its semiconductor manufacturing capabilities in Roseville to include 0.15- and 0.25-micron processes on eight-inch wafers in addition to 0.35- and 0.25-micron processes on six-inch wafers.

More information about NEC Electronics' products for automotive applications can be found at http://www.necel.com/en/solutions/applications/auto/auto/index.html.> About Visteon

Visteon Corporation is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Kerpen, Germany; the company has facilities in 26 countries and employs approximately 41,500 people.

About NEC Electronics

NEC Electronics Corporation (TOKYO:6723) specializes in semiconductor products encompassing advanced technology solutions for the high-end computing and broadband networking markets; system solutions for the mobile handset, PC peripheral, automotive and digital consumer markets; and multi-market solutions for a wide range of customer applications. NEC Electronics Corporation has subsidiaries worldwide including NEC Electronics America, Inc. (www.am.necel.com) and NEC Electronics (Europe) GmbH (www.eu.necel.com). More information about NEC Electronics worldwide can be found at www.necel.com.

NEC Electronics and NEC Electronics America are either registered trademarks or trademarks of NEC Corporation in the United States and/or other countries. NaviEngine, Multifab and IMAPCAR are trademarks or registered trademarks of NEC Electronics Corporation. All other marks are property of their respective owners.