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Arrow bolsters automotive customer support

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

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Asia sales surge keys Avnet Q1 uptick

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

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Market Analysis

Memory, GPUs to spur 2025 chip growth

Global semiconductor revenue is projected to grow 14% in 2025 to total $717 billion, says the latest forecast from Gartner. In 2024, the market is forecast to grow 19% and reach $630 billion. In the near term, the memory market and graphics processing units (GPUs) will bolster semiconductor revenue globally. The worldwide memory revenue market

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News Supply Chain Management

Milexia’s advancements in supply chain solutions at electronica

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

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Supply Chain Management

The fragility of supply chains

Supply chains are tenuous operations, delicately balancing a multitude of reliabilities, so a disruption to any part of the process can have detrimental and far-reaching consequences for businesses and consumers. When disruption does occur, the effects cause ripples that spread and highlight the vulnerable nature of the systems. Strikes, in particular, can expose how quickly

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Texas Instruments posts 9% sequential revenue growth in Q3

Texas Instruments has reported Q3 revenues of $4.2 billion, up 9% sequentially and down 8% year on year. Operating profit was $1.55 billion, a decline of 18% year on year. Haviv Ilan, Texas Instruments President and CEO said that analog revenue declined 4% year-over-year and embedded processing declined 27%. The company’s other segment declined 5%

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News

Heilind, GCT agree global distribution pact

Heilind Electronics has signed a global distribution partnership with GCT (Global Connector Technology), a manufacturer of connector and cable assembly solutions. This collaboration brings together Heilind’s extensive distribution network and industry expertise with GCT’s innovative interconnect products, offering customers an even broader range of high-quality connectivity solutions. GCT’s product line, known for its reliability and

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News

Electro Rent and EXFO ink European distribution pact

Electro Rent is expanding its strategic distribution agreement with EXFO into Europe. This new agreement enhances the existing collaboration between EXFO, a supplier of test, monitoring and analytics to the communication industry, and Electro Rent by adding European distribution to an already robust rental and certified pre-owned (CPO) portfolio. “At Electro Rent, 5G and data

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News

Avnet App helps streamline design workflow

Design engineers can now access thousands of reference design schematics, lead time and pricing trends, and fast alternate guidance with the launch of the Avnet App, an add-in for Autodesk Fusion. Avnet is the first to add these design capabilities and insights via a globally available add-in to the Autodesk Fusion solution. The Avnet App

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News

Anglia wins Supplier Excellence Award in ESG from Generac

Anglia has been presented with the prestigious award for ‘Supplier Excellence in Environmental, Social & Governance (ESG)’ by Generac. During the award presentation, Generac commented: “We remain focused on advancing our Environment, Social and Governance (ESG) vision. This includes integrating ESG principles within our culture and identifying ESG topics that deserve attention and resources, including

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