According to a news release by Business Wire, Teradyne, announced at a ceremony held at Shanghai Jiao Tong University, its founding membership in the Global Supply Chain Forum. The Forum gathers representatives from various industries with Shanghai Jiao Tong University's Antai College of Economics and Management to create a China focused community of practitioners and academics working to advance supply chain management within China.

"As China plays an increasingly important role in the global economy, we are excited to work with multi national corporations representing a variety of industries to advance supply chain management within China," said Fangruo Chen, Forum Director and Ira Rennert Professor of Business, Columbia Business School. "Teradyne is a demonstrated leader in the Automatic Test Equipment (ATE) industry with a proven commitment to Shanghai and China. We highly value their industry insight. In fact, we have invited three of their employees to mentor students at the Antai College of Economics and Management."

"Teradyne's supply chain in China gives us a competitive advantage so that our customers can more efficiently test the electronics behind the products that people around the world use every day," said Jim Federico, vice president and general manager, global operations, Teradyne. "Our involvement with the Global Supply Chain Forum further strengthens that competitive advantage. We are honored to be invited by the university to be the founding member of the Forum."

"Over the years, Teradyne has demonstrated a strong commitment to customers and their local communities," said SI Wei, vice president, Semiconductor Test Field Operations, Greater China Region, Teradyne. "Teradyne delivered its first test system in China in 1979. Today, six to seven hundred Teradyne semiconductor test systems are operating in manufacturing facilities across the country. We're proud of the many customers we serve and our connection to local educational programs, like the Global Supply Chain Forum, that provide students with the opportunity to learn about the semiconductor test industry."