TTI Receives Award from Littelfuse

Fort Worth, Tex. – TTI, Inc. the leading global distributor of interconnect, passive, electromechanical and discrete components, is pleased to have received the 2014 Volume Distributor of the Year Award from Littelfuse, the global leader in circuit protection. The award was presented during the Electronic Distribution Show (EDS) in Las Vegas, Nevada. Criteria for the award…

Emerging Markets Drive Smartphone Sales

Emerging markets increased smartphone sales by 40 percent during the first quarter (Q1) of 2015, according to a new report from Gartner Inc. Global sales to end users increased 19.3 percent in Q1, reaching 336 million units, led by strong growth in emerging markets (excluding China), said Gartner. The fastest growing regions were emerging Asia/Pacific,…

CEA: Consumers Expect Less Tech Spending

It is only one data point out of many, but the Consumer Electronics Association’s (CEA) Index of Consumer Expectations declined in May. The decline was 2.4 points from April to 173.7; however, May’s ICE remains higher year-over-year, as it has since May of 2009. “There is mounting apprehension around the economy,” said Shawn DuBravac, Ph.D.,…

Aavid Acquires Qfinsoft Technology

Boston, Mass. — Aavid Corporation (“Aavid”) announced it has acquired Qfinsoft Technology Inc. (“Qfinsoft”). Based in Rossland, BC, Canada, Qfinsoft specializes in developing software for the simulation of fluid flow, thermodynamics, and combustion processes. Its Qfin software is widely used in fluid flow and thermal management applications and its Qled software is the only product of its…

Bel Announces Management Promotions

Jersey City, N.J. — Bel Fuse Inc. (NASDAQ: BELFA and BELFB) today announced the promotions of Dennis Ackerman to President of Bel Power Solutions, and Peter Bittner to President of Bel Connectivity Solutions. Daniel Bernstein, Bel’s President and CEO, said, “Bel is fortunate to have two such talented and  dedicated executives to take charge of our Power…

Market Cycles Challenge Electronics Buyers

The electronics industry is changing in fundamental ways and the shifts taking place are raising questions about whether the industry is less cyclical than it used to be. It’s a topic of conversation increasingly being discussed among analysts and corporate executives who are looking at the past as a way to understand today’s electronics landscape.…