Wendt hired to head passives, industrial automation at Mouser
Mouser Electronics has hired Eric Wendt as Vice President of Supplier Management. Wendt joins Mouser from DigiKey where he was Director of Industrial
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Arrow sales fall 15% in Q3
Arrow Electronics has reported Q3 sales of $6.82 billion, a decline of 15% year on year. “In the third quarter, the company continued
Market Analysis
European distribution sales plunge 30% in Q3
European component distribution sales plummeted 30.2% to €3.64 billion in Q3 2024, says DMASS Europe. Semiconductor sales dived 38% to €2.27 billion, the
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Arrow bolsters automotive customer support
Arrow Electronics is expanding its Automotive Centre of Excellence (CoE) with new development centres in Munich and Istanbul to better assist customers in
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Asia sales surge keys Avnet Q1 uptick
Avnet Q1 sales edged ahead 0.7% sequentially to $5.6 billion on the back of a strong performance in the Asia region. Sales declined
Market Analysis
Memory, GPUs to spur 2025 chip growth
Global semiconductor revenue is projected to grow 14% in 2025 to total $717 billion, says the latest forecast from Gartner. In 2024, the
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Texas Instruments posts 9% sequential revenue growth in Q3
Texas Instruments has reported Q3 revenues of $4.2 billion, up 9% sequentially and down 8% year on year. Operating profit was $1.55 billion,
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Menlo Micro brings switch solutions to DigiKey’s global linecard
Menlo Microsystems has clinched a new global distribution agreement with DigiKey. Under the terms of the agreement, DigiKey becomes a franchised distributor for
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Heilind, GCT agree global distribution pact
Heilind Electronics has signed a global distribution partnership with GCT (Global Connector Technology), a manufacturer of connector and cable assembly solutions. This collaboration
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Electro Rent and EXFO ink European distribution pact
Electro Rent is expanding its strategic distribution agreement with EXFO into Europe. This new agreement enhances the existing collaboration between EXFO, a supplier