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Avnet posts record $8.3Bn quarter as demand rebounds
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Avnet posts record $8.3Bn quarter as demand rebounds

Avnet closed its fiscal year with its strongest quarter on record, reporting sales of $8.3 billion for the three months to 27th June – up 48% year-on-year and 17% on the previous quarter. The global electronics distributor said growth came from every region and both of its business segments, Electronic Components and Farnell. Profitability grew

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Farnell brings RIGOL products to customers across EMEA
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Farnell brings RIGOL products to customers across EMEA

  • by
  • 6 August 2026
  • Less than a minute

Farnell has signed a distribution agreement with RIGOL Technologies, giving customers across EMEA easier access to high-performance test and measurement equipment. The agreement will help design engineers, research institutions, and industrial manufacturers get the tools they need faster, reducing delays and supporting product development across the region. “This agreement makes RIGOL products more accessible to

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Memory bottleneck puts IoT supply under pressure
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Memory bottleneck puts IoT supply under pressure

Shortages of LPDDR4 memory are starting to hit high-end cellular IoT modules. Astute Group’s new agreement with REYAX gives customers another option when cost, lead time, or reliance on one supplier is putting a project at risk. Counterpoint Research reported in April that tighter LPDDR4 supply and rising memory costs were affecting high-end cellular IoT

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Marvell to invest $250M in India
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Marvell to invest $250M in India

Marvell Technology has announced plans to invest $250 million in India over the next three years to expand its capabilities across technology, talent, and infrastructure. The announcement coincides with a milestone event celebrating 20 years of innovation in India, highlighting the company’s contributions to global technology development, its continued investment in the region, and its

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DigiKey adds over 27,000 new parts, 104 suppliers
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DigiKey adds over 27,000 new parts, 104 suppliers

DigiKey has expanded its portfolio by more than 27,000 new stocking products available for fast shipment in Q2 2026. In total, over 373,000 new products were added to the DigiKey system, along with 104 new suppliers across its core business, Marketplace, and Fulfilled by DigiKey programmes. “DigiKey’s robust inventory pipeline and in-stock product availability continue

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Mouser signs global distribution agreement with Red Lion
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Mouser signs global distribution agreement with Red Lion

Mouser Electronics announced a new global distribution agreement with Red Lion by HMS Networks, a manufacturer of secure, scalable data access and control solutions for the industrial Internet of Things (IIoT) sector. Specialising in rugged human-machine interfaces (HMIs) and network communications, Red Lion’s products empower industrial organisations worldwide to access, connect, and visualise their information.

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Astute Group adds UTA Wireless as memory shortage tightens
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Astute Group adds UTA Wireless as memory shortage tightens

Astute Group has signed a franchise agreement with UTA Wireless covering markets worldwide, except China, Italy, and Spain. The agreement adds a new source of cellular and positioning modules as memory shortages disrupt production across the electronics industry. Counterpoint Research reported in April that tight LPDDR4 supply and rising memory costs were affecting high-end cellular

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TE Connectivity to acquire power solutions specialist Astrodyne TDI
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TE Connectivity to acquire power solutions specialist Astrodyne TDI

TE Connectivity has entered into a definitive agreement to acquire Astrodyne TDI, a provider of advanced power management and filter solutions for mission-critical industrial applications, from Tinicum L.P. This acquisition represents another deliberate step in TE’s disciplined long-term strategy to build a differentiated portfolio of highly engineered technologies benefiting from secular growth trends. Headquartered in

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Avnet Silica adds TrueSense to its linecard
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Avnet Silica adds TrueSense to its linecard

Avnet Silica, an Avnet company, announced a new distribution agreement with Milan-based, Ultra-Wideband (UWB) solutions provider TrueSense. The agreement enables Avnet Silica customers to simplify the integration of reliable UWB technology for industrial, smart home and consumer, mobility, logistics, and security applications, such as indoor and real-time location systems, access control, asset tracking, and presence-aware

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Powell Electronics signs partnership with IOT Electronics
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Powell Electronics signs partnership with IOT Electronics

  • by
  • 23 July 2026
  • Less than a minute

Powell Electronics has entered into a partnership agreement with IOT Electronics to strengthen its presence across Southern Africa. IOT Electronics is a broad-based South African supplier of high-quality electronic components and services, serving both local and international customers across a diverse range of industries, including contract manufacturing, healthcare, mining, fleet management, IoT, security, military and

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