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Arrow Electronics has reported Q3 sales of $6.82 billion, a decline of 15% year on year. “In the third quarter, the company continued to execute well in a challenging environment. While the cyclical correction continues in our global components business, we saw enterprise IT spending gain momentum,” said Sean Kerins, Arrow’s President and Chief Executive
Smith, a global distributor of electronic components and semiconductors, announced the appointment of Janos Boszormenyi to the role of Vice President, EMEA. In this role, Janos will help develop business opportunities and provide support to Smith’s five offices in the region. “Smith’s 40-year history and extensive global network provide a strong foundation to enhance and
Farnell has announced that LattePanda Mu compute module, carrier boards, and starter kit, the latest additions to the popular LattePanda range from DF Robot, are now available from stock. LattePanda Mu is a micro x86 compute module that features an Intel N100 quad-core processor with 3.4GHz turbo frequency. This combination provides solid performance and multitasking
Arrow Electronics is expanding its Automotive Centre of Excellence (CoE) with new development centres in Munich and Istanbul to better assist customers in the development of next-gen automotive products. Arrow’s recent acquisition of iQmine, a leading engineering services provider for the automotive and transportation industry, further bolsters the CoE’s capabilities. Headquartered in Munich, Germany, with
Waldom Electronics announced TE Connectivity as the recipient of the Global Manufacturer Award at the inaugural Waldom ESG Awards. These first-of-their-kind awards within the IP&E (Interconnect, Passive, and Electromechanical) sector celebrate outstanding efforts in sustainability and responsible practices. The Global Manufacturer Award recognises TE Connectivity’s significant contributions to minimising waste and fostering a circular economy.
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 11.6% from $6.3 billion year on year. “In the first quarter, our sales and earnings exceeded the upper end of our guidance range led by a return to growth in our Asia
IC’Alps, designing ASIC, and ams OSRAM announced that they have entered in a foundry partnership agreement. The Preferred Foundry Partner network, powered by ams OSRAM, aims at facilitating access to semiconductor foundry services for ASIC design houses like IC’Alps in order to achieve fast and reliable market launch of customised ICs and early access to
On the heels of a hugely significant year of growth, The Milexia Group, a European value-added distributor in the high-tech electronics industry, announces its participation at electronica Munich, a leading global trade fair and conference for electronics. Milexia has been operating in the cutting-edge electronics market for over 50 years and serves 2,300 European customers
XMOS has announced a strategic channel agreement with the global electronics distributor and supply chain expert, Astute Group. This partnership marks a significant milestone in the evolution of embedded solutions and further enables software engineers to create custom system-on-chip (SoC) solutions more efficiently. As an innovation-driven distributor, Astute offers a range of wireless connectivity solutions, sensors,
Waldom Electronics announced the appointment of Roger Raley as Vice President and General Manager, Americas. Roger brings over 20 years of experience in the electronics distribution and advanced materials industries. He has held leadership roles at Arrow Electronics and TTI, where he spearheaded strategic growth and business expansion initiatives. “We are thrilled to welcome Roger