Automotive OEMs Reset Relationship With Chipmakers
How will automotive OEMs will move from an arm’s length relationship to long-term agreements?
Arrow FY 2021 Sales up 20%; Q4 Sales Increase 7%
Arrow Electronics, Inc. (NYSE:ARW) today reported fourth-quarter 2021 sales of $9.02 billion, an increase of 7 percent from sales of $8.45 billion in the fourth quarter of 2020. Fourth-quarter 2021 net income was $371 million, or $5.26 per share on a diluted basis, compared with net income of $236 million, or $3.08 per share on…