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. All have been credit checked and now have accounts with Anglia. Benefits from the loyalty card scheme include free next day delivery into Europe, and extended payment terms to 90 days. Most notably customers can receive rewards depending on spend.
Infineon acquires Marvell’s Automotive Ethernet business
Infineon Technologies is accelerating the build-up of its system capabilities for software-defined vehicles with the acquisition of Marvell Technology’s Automotive Ethernet business, complementing and expanding its own microcontroller business.
Infineon and Marvell Technology have entered into a definitive transaction agreement for a purchase price of $2.5 billion in cash. The transaction is subject to regulatory approvals.
Bosch and Arrow Electronics extend distribution agreement
Bosch and Arrow Electronics have signed a distribution contract. Arrow now distributes a wide range of Bosch automotive semiconductors on the European market. The two companies already cooperated in North America before.
Arrow has been distributing semiconductor components from Bosch for several years and will now also represent Bosch’s entire automotive semiconductor portfolio in the European market – from power semiconductors made of silicon carbide (SiC) to ASIC chips (application-specific integrated circuits) and MEMS sensors (micro electro-mechanical systems). In the future, Bosch products will also be directly and conveniently available through Arrow’s online store.
Intel announces staff cuts as part of company restructure
Intel reported its Q1 2025 financial results on 24th April 2025, delivering revenue, gross margin, and earnings per share (EPS) above guidance. Despite this, the company has made plans to reduce costs by cutting staff.
Chief Executive Officer, Lip-Bu Tan, emphasised that Intel must address significant internal and external challenges to maintain momentum. He noted a “volatile and uncertain macroeconomic environment” reflected in the company’s Q2 outlook and acknowledged that Intel must confront areas requiring improvement.
Sotomayor to replace Sievers as NXP CEO
Kurt Sievers will retire as President and CEO of NXP Semiconductors at the end of 2025.
He will be replaced by Rafael Sotomayor (pictured) who steps up from his role as President of NXP’s Secure Connected Edge business unit.
Sievers and Sotomayor will work closely to orchestrate a smooth leadership transition until 28th October, 2025, when Sotomayor will assume the role of President and Chief Executive Officer.
