Avnet Announces CFO Transition

Avnet (Nasdaq: AVT) today announced that Thomas Liguori, the Company’s Chief Financial Officer (CFO), will be transitioning from Avnet to begin a new chapter of opportunities in the public, private and university sectors. Consistent with Avnet’s succession plan, Kenneth A. Jacobson, the Company’s corporate controller and a seasoned corporate executive, will succeed Mr. Liguori as CFO…

Abracon Acquired by Genstar Capital

Abracon LLC, (Abracon) a leader in passive components, today announced it has been acquired by Genstar Capital, a leading private equity firm focused on investments in targeted segments of the industrials, financial services, healthcare, and software industries. Abracon’s technical expertise and product offerings span frequency control and timing devices, inductor and connectivity products, and RF and…

10 Electronics Gadgets With Supply-Chain Sizzle

As the electronics industry slides into summer, there’s some indications that lead times for electronics may be shortening. Although the industry won’t achieve normal inventory across major chip categories until the middle of 2023, the Gartner Index of Inventory Semiconductor Supply Chain Tracking predicts some normalization as early as this fall. Electronics-gadget pioneers are clearly…

TrendForce: DRAM Prices to Drop by 10%

According to the latest TrendForce research, despite the rapid weakening of overall consumer demand in 1H22, DRAM manufacturers previously presented a tough stance on price negotiations and gave little ground, steadily conveying inventory pressure from buyers to sellers. Facing uncertain peak-season demand in 2H22, some DRAM suppliers have begun effectively expressing clear intentions to cut…