Molex has announced the grand opening of a new research and development (R&D) facility in Bridgewater, New Jersey. The building completion represents a significant investment by Molex in the future of optical wavelength solutions for telecommunications networks. Bridgewater Township Mayor Dan Hayes, Kathleen Coviello, vice president of technologies and life sciences investments, New Jersey Economic…
Intel replaced Samsung as the number one quarterly semiconductor supplier in 4Q18 after losing the lead spot to Samsung in 2Q17, according the market research firm IC Insights. While Samsung held the full-year number one ranking in 2017 and 2018, Intel is forecast to easily recapture the number one ranking for the full year of…
Leading global technology solutions provider Avnet (Nasdaq: AVT) has secured Foreign-Trade Zone authorization from the United States Bureau of Customs and Border Protection (CBP) for its McKemy Distribution Center in Chandler, Ariz. The designation reduces tariff recovery fees for its international customers as well as for domestic customers shipping abroad. Foreign-Trade Zone authorization also increases…
Global technology provider Arrow Electronics today announced a distribution agreement with Teltonika, a Lithuania-based IoT solutions provider with a 20-year track record, covering Europe, Middle East and Africa (EMEA). Teltonika`s products address industrial communication, asset and personnel tracking, and mobile machine-to-machine (M2M) communication. Teltonika offers a broad range of IoT-related solutions and has more than…
Newark, the Development Distributor, is expanding its range of switches and relays, offering same-day shipping for over 25,000 products and on demand access to over 85,000 products, to further help engineers reduce time to market. Additions include products from EAO, NKK, Omron, and TE Connectivity. These new additions to the Newark portfolio, supporting industrial applications,…
The Responsible Business Alliance (RBA), on behalf of its Responsible Minerals Initiative (RMI), and the International Copper Association, Ltd. (ICA), have signed a memorandum of understanding to jointly advance the responsible production and trade of copper. The RMI and ICA aim to harmonize expectations for responsible practices in the copper value chain by applying existing…
Avnet, Inc. (Nasdaq: AVT) today announced results for the fourth quarter and fiscal year ended June 29, 2019. Fiscal Fourth Quarter Key Financial Metrics Sales of $4.7 billion, which were in line with guidance, declined 7.5% from a year ago and 0.4% from the prior quarter. Sales guidance for the fiscal fourth quarter anticipated lower-than-historical…
Cloudleaf, Inc., an emerging leader in digital supply chain solutions, today announced that it has secured $26 million in Series B funding to drive market expansion of its Supply Chain Digital Visibility Platform, which brings unprecedented visibility, efficiency and responsiveness to supply chains in any industry. The round was led by Intel Capital and WRVI…
In an ugly turnaround from last year, IC growth rates in 2019 are expected to be heavily weighted toward the negative side of the chart, with nine segments forecast to see a sales decline of 10 percent or more, according to market research firm IC Insights. Sixteen product categories are expected to experience flat sales…
Mouser Electronics, Inc., the authorized global distributor with the newest semiconductors and electronic components, announces a global distribution agreement with Superior Sensor Technology, a leader in application-specific pressure sensors. Through the agreement, Mouser will add Superior Sensor Technology’s differential low-pressure sensors to its sensor line card. The Superior Sensor Technology product line available from Mouser…