Avnet optimism prevails over Q4 sales dip
Avnet Q4 revenues slipped 15% to £5.56 billion year on year. Full year revenues came in at $23.8 billion. President and CEO Philip
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News
Arrow Q2 results top estimates despite 19% revenues decline
Arrow Electronics revenues fell 19% year on year in Q2 2024 to $6893 billion from $8515 billion. The performance exceeded market expectations by
Industry Insights
TI acts to ease customers’ chip supply concerns
In a call with analysts following Texas Instruments Q2 results release, President and CEO Haviv Ilan discussed TI’s capacity investments and the importance
News
TI Q2 revenues up 4% sequentially
Texas Instruments has reported Q2 revenues of $3.82 billion and net income of $1.13 billion. Commented Haviv Ilan (pictured), TI’s President and CEO:
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Signings strengthen MPE distribution network
MPE has expanded its global distribution network with the signing of new distributors in Italy and Spain. This strategic move is aimed at
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AiTech Systems deal boosts Astute’s embedded computing portfolio
Astute Group has signed an agreement with AiTech Systems, a leader in rugged embedded solutions, to become their authorised distributor across Europe, Australia,
Market Analysis
WSTS lifts 2024 semis market growth to 16%
WSTS has adjusted its Spring 2024 forecast upwards, projecting a 16.0% growth in the global semiconductor market to $611 billion compared to the
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RS upbeat following Q1 trading update
RS Group says trading in the first quarter was in line with expectations. Group revenue grew 3% over the same period in the
News
Astute Group extends VadaTech deal
Astute Group has signed a deal with embedded solutions provider, VadaTech, to become its authorised distributor across the UK, Europe, and Australia &
Market Analysis
Global chip sales grow 19.3% in May, says SIA
Global semiconductor industry sales hit $49.1 billion during the month of May 2024 according to the Semiconductor Industry Association (SIA). This is an