RS Group lowers profit forecast on softer demand
In a trading update for the third quarter ended 31 December 2024, RS Group says that group revenue decreased by 3% and by
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EMEA woes impact Avnet Q2 revenues
Avnet reported sales of $5.7 billion in Q2, down 8.7% year on year and up 1.1% sequentially, above the midpoint of the company’s
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Georg Steinberger, distribution champion, dies aged 64
Georg Steinberger, Chairman of the Board and founding member of FBDi, the German component distributors association has died aged 64 following a heart
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TI cites inventory overhang as Q4 sales dip
Texas Instruments has reported Q4 sales of $4billion, down 3% sequentially and 2% year on year. For the full year revenues were $15.6
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Mouser, Synaptics sign global distribution pact
Mouser Electronics has signed a new global distribution agreement with Synaptics, a San Jose, California-based company that develops neural network technologies and human-machine interface
Market Analysis
Shaky fundamentals stunt Penn’s 2025 chip forecast
Malcolm Penn, CEO of Future Horizons, is forecasting a slowdown in global semiconductor growth in 2025. He is predicting 14 per cent growth
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Graham Maggs steps back from Mouser
Graham Maggs, formerly VP of Marketing and Business Development EMEA, has decided to step back from his role at Mouser effective from 31
Market Analysis
Global chip sales surge 20.7% y-o-y in November
Global semiconductor sales hit $57.8 billion during the month of November 2024, an increase of 20.7% compared to the November 2023 total of
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CODICO owner moves in as CEO
CODICO owner Karin Krumpel has assumed the sole position of CEO. Sven Krumpel, the previous CEO, will no longer be working for CODICO.
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MediaTek deal bolsters DigiKey’s SoC offering
DigiKey has strengthened its System-on-Chip (SoC) by signing a global distribution agreement with MediaTek the world’s fifth largest fabless semiconductor company. MediaTek develops