Lindsley Ruth used to dread May, the month Electrocomponents PLC takes probing questions from investors. In his first couple of years as CEO, Ruth didn’t have a lot of positive news to share and difficult questions from analysts were difficult to answer. This May was different. Electrocomponents is on a roll. Sales and profits are…
TTI, Inc., the leading global authorized distributor of electronic components, has announced internal changes to the company’s commodity passive and specialty passive and discrete semiconductor product teams. Effective immediately, these two teams are being merged into one unified organization. Expanding their roles within TTI and the new organizational structure are Jeff Ray, Vice President of…
Electronics manufacturers lose billions of dollars every year due to late and damaged shipments. But with new IoT technologies, these companies are gaining real-time visibility into the location and condition of their in-transit goods, enabling them to identify and eliminate the root cause of issues and adopt a data-driven mindset to the optimization of the…
The Electronics Representatives Association (ERA) announced that it will host an inaugural event on June 21, 2018, at the Toronto Airport Marriott Hotel, Toronto, Ontario, Canada, from 5 – 8 p.m., to announce the opening of a Canada ERA Chapter to provide support to all of Canada. ERA is the largest electronic components representatives trade…
C&K, one of the world’s most trusted brands of high-quality electromechanical switches, today announced that all of its global facilities have received International Automotive Task Force (IATF) 16949 certification. C&K’s Dole (France) location was the first to achieve certification, with the company’s Huizhou (China) and Newton (Mass., U.S.) locations following closely thereafter. IATF 16949 emphasizes…
Prices for DRAMs, with the exception of graphics applications, has increased by 3 percent to 6 percent in the first quarter (Q1) of 2018, according to DRAMeXchange, a division of TrendForce, resulting in a 5.4 percent increase in global DRAM revenue. Graphics DRAMs experienced the largest price hikes, increasing by 15 percent in Q1. “Most PC…
Mouser Electronics, Inc., the industry’s leading New Product Introduction distributor with the widest selection of semiconductors and electronic components, has been honored with the 2017 High Service Distributor of the Year award by Littelfuse, a global leader in circuit protection. Mouser received the award at the 2018 Electronic Distribution Show (EDS) in Las Vegas. “We…
Strong results and new initiatives to drive future growth and profitability Highlights 2018 2017 Change Like-for-like change1 Revenue £1,705.3m £1,511.7m 12.8% 12.8% Adjusted2 operating profit £177.1m £133.2m 33.0% 28.1% Adjusted2 operating profit margin 10.4% 8.8% 1.6 pts 1.4 pts Adjusted2 profit before tax3 £173.1m £128.0m 35.2% 30.0% Adjusted2 earnings per share 28.4p 21.0p 35.2% 29.7% Adjusted2 free cash flow £105.1m…
In line with our strategy to build out our value-added service proposition, Electrocomponents plc is pleased to announce that it has reached agreement to acquire IESA, a leading provider of value-added services to industrial customers for a cash consideration of £88 million. Acquisition of leading corporate MRO(1) marketplace provider of value-added services Significantly enhances the…
IC Insights recently released its May Update to the 2018 McClean Report. This Update included a look at the top-25 1Q18 semiconductor suppliers, a discussion of the 1Q18 IC industry market results, and an update of the 2018 capital spending forecast by company. Overall, the capital spending story for 2018 is becoming much more positive…