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Arrow outperforms estimates in Q1

Arrow Electronics Q1 revenues came in ahead of forecast at $6.81 billion, a decline of 2% year on year. “I am pleased we delivered both consolidated and segment revenue, as well as earnings per share, that exceeded our guidance ranges,” said Sean Kerins (pictured), Arrow’s President and Chief Executive Officer. “The relative outperformance was primarily

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DigiKey unveils DigiKey Standard product portfolio

DigiKey has announced its exclusive, private-labelled product line, DigiKey Standard. These quality engineering products are designed to deliver dependable solutions and tools for everyday designing and building needs. DigiKey Standard is a curated portfolio of essential products engineers have come to expect from the DigiKey brand. After launching the first DigiKey Standard product in 2022,

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European-first semiconductor facility launches in Southampton

A new facility using cutting edge electron beam technology to build the next generation of semiconductor chips, and the first of its kind in Europe, was opened at the University of Southampton by Science Minister Lord Vallance on Wednesday 30th April. The new E-beam lithography facility is just the second in the world, and first

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Siemens announces intention to acquire Wevolver

Siemens Digital Industries Software announced its intention to acquire Wevolver, expanding its audience reach, enhancing the Supplyframe product portfolio, and combining digital marketing and integrated campaign programmes that include go-to-market support and content creation. Acquired by Siemens in 2021, the Supplyframe DSI platform is a rich intelligence resource for the electronics industry and leverages billions

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News Supply Chain Management

2025 headwinds deliver blow to UK manufacturer confidence

EAMA has launched its latest Market Pulse quarterly report at Innovation Zero. The new analysis reveals that while the supply chain saw a positive upturn towards the end of last year, reaching a three-year high point for electrification related sales in Q4 2024, there has been a worrying drop in business optimism, falling below the

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Solsta announces new distribution partnership with DEEPX

Solsta has announced a new distribution partnership with  DEEPX. As demand for localised, low-latency AI intensifies across sectors such as industrial automation, robotics, and medical imaging, DEEPX offers a new standard. DEEPX on-device AI delivers up to 25 trillion operations per second (TOPS) while using 5-8x less power than industry alternatives, including those from major players

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ams OSRAM revenues beat Q1 guidance

ams OSRAM has reported revenues of   €820 million in Q1/25, above the midpoint of the guided range of €750-850 million. Revenues declined by 7% quarter-over-quarter, a typical seasonal decline by magnitude, says the company, despite the cyclical weakness in automotive and industrial semiconductor business. As part of a balance sheet improvement plan the company is

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Top news stories in April

Procurement Pro takes a look at the top news stories from April 2025. Anglia unveils customer loyalty scheme           Anglia Components launched Anglia Plus, a customer loyalty scheme which will benefit existing and new customers in the UK, Ireland and Europe. Anglia has identified a potential 65,000 new customers in Europe.

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Inova Semiconductors honoured as innovation leader

The F.A.Z.-Institut – a subsidiary of the Frankfurter Allgemeine Zeitung – has awarded Inova Semiconductors 100 out of 100 possible points as the industry winner in the category ‘Electronic Component Manufacturers’ in its current study ‘Germany’s Innovation Leader 2025′. As in the years 2021 to 2024, the Munich-based semiconductor company is among the top group

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imec coordinates EU Chips Design Platform

A consortium of 12 European partners, coordinated by imec, has been selected in the framework of the European Chips Act to develop the EU Chips Design Platform. Funded by Chips JU, the platform will facilitate access to advanced semiconductor design infrastructure, training, and capital for fabless semiconductor startups, small and medium enterprises and research organisations.

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