Altera develops long-term relationships with our key suppliers to ensure a robust supply chain that is financially solvent, provides broad technology access aligned with our technology road maps, delivers competitive pricing, and fosters innovation.
As a supply chain partner, we meet quarterly with our suppliers to measure business performance on technology, quality, pricing, cycle times, and yield improvements. We work with our suppliers to assure that expectations and plans are achieved through interactive business and technology reviews.
Altera is committed to responsible sourcing, including the elimination of human trafficking and slavery, if any, in our supply chain. We expect all of our suppliers to comply with all applicable laws, including eradication of forced, bonded, indentured, involuntary convict or compulsory labor or illegal child labor. Fundamental to Altera's tenets, we expect our suppliers to adopt sound human rights practices and to treat workers fairly and with dignity and respect, provide a safe and healthy work environment for their workers, conduct business in compliance with applicable environmental and employment laws and comply with all other applicable laws and regulations. Altera is considering at this time whether to adopt formal verification, audit, certification, standards and training processes related to its supply chain.
