Distributors Invest as Engineers & Buyers Go Online

In a recent article, Avnet Inc. Electronics Marketing Global President Gerry Fay outlined the company’s strategic move to transition more of its offerings online. Fay cited the move as driven by customer preferences: “The idea behind our Web-engagement is that customers want real-time information and we can provide this online.” Avnet’s decision underscores a dramatic…

RS Components Releases Design App

RS Components ( http://www.rs-components.com ) (RS), the trading brand of Electrocomponents plc( http://www.electrocomponents.com ) (LSE:ECM), the world’s leading high service distributor of electronics and maintenance products, has unveiled its first design support app for iOS-based mobile devices. Called RS Toolbox, this new app, which is available free-of-charge, provides a central access point to popular electronic…

Manufacturers Expect to Add Jobs in 2014

Based on unemployment data from the U.S. government and a forecast from the Institute for Supply Management (ISM), the employment outlook for 2014 appears positive. But where are those jobs coming from?  Some of them will be in manufacturing, said Bradley J. Holcomb, chair of the ISM Manufacturing Business Survey Committee. “On the manufacturing side,…

Broadcom Updates Q4 Guidance

Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today updated its financial guidance for the fourth quarter of 2013. The following estimates are based on the current business outlook: Net Revenue: Increased the guided range for Q4’13 revenue to approximately $2.0 – $2.05 billion, due to better-than-expected…

ISM: Purchasing ‘Optimistic’ for 2014

Although the electronics components industry may not be feeling the same momentum, the U.S. manufacturing sector expects to increase its revenue, employment and capital expenditures in 2014, according to the latest report by the Institute for Supply Management.  Overall manufacturing revenue is expected to grow by 4.4 percent in 2014, according to Bradley J. Holcomb,…

Arrow Releases Reference Design App

Arrow Electronics Inc. (NYSE:ARW) today announced the availability of Arrow enVision™, a cloud-based interactive reference design application for engineers around the world. Available on the recently announced product life cycle services platform via arrow.com, Arrow enVision enables design engineers to either start their own or quickly select approved starter designs from a comprehensive library. Arrow…