TE Bets Big on Sensors

TE Connectivity Inc. said it has reached an agreement to purchase Measurement Specialties Inc. for $1.7 billion, bolstering its presence in the sensors market and as part of continuing plans at the company to boost sales and profit via targeted acquisitions and expansion into fast growing segments of the electronics industry. The acquisition represents a…

OEMs: Plan Ahead For After-Market Needs

The term “spare parts” may conjure up visions of junkyards, but in the high-tech industry they represent an opportunity worth billions of dollars for companies willing to manage after-market logistics. The storage and maintenance of spare parts is often a drain on company resources. Holding and maintaining inventory costs money that could be better invested…

Digi-Key Shuttle Takes Prototype to Production

Mark Larson’s annual presentation at the Electronics Distribution Show in Las Vegas has always been a standing-room only event because the Digi-Key Corp. top executive is reputed for always delivering critical and blunt but highly valuable assessments of current industry conditions. This year was no different. Larson highlighted the dramatic changes that have taken place…

IP&E Marketplace Takes Off

BBG Enterprises Inc., publisher of Electronics Purchasing Strategies, has announced the launch of a new dedicated site catering to manufacturers, distributors and buyers of interconnect, passive and electromechanical components. The IP&E Marketplace is focused on servicing the multi-billion dollar IP&E market with the traditional fare of news, research and data complemented with opportunities for suppliers…

Digi-Key Touts ‘Unwavering Commitment’ to Design Engineers

Design engineers love Digi-Key Corp. Study after study by industry consultants have consistently affirmed it as the component distributor many engineers often turn to first for prototype purchases. It’s a relationship nurtured over Digi-Key’s more-than-40 -year existence and nothing on the horizon will change this “unwavering commitment and dedication to engineers,” according to senior executives…

Honeywell Delivers Product Differentiation

Keeping in line with the company’s strategy to deliver high-performance differentiated sensors and switches, Honeywell Sensing and Control rolls out its Nanopower Series of magnetic sensors, aimed as a replacement for reed switches in a variety of applications. These anisotropic magnetoresistive (AMR) sensor ICs deliver high sensitivity and extremely low power for battery-operated devices, as…

Arrow Names Bryant COO: Sales Push or Succession Planning?

Arrow Electronics Inc. has appointed Andrew Bryant chief operating officer of the top-tier component distributor and information systems services provider, giving him a role that caps about 30 years in the high-tech market. Bryant’s appointment as COO and the elevation of Sean Kerins as his replacement at the helms of the company’s enterprise computing solutions…

Avnet EM Pivots Acquisitions Toward Asia

Asia’s electronic components distribution market is ripe for consolidation and Avnet Inc., the world’s top player in the sector, says it is putting the finishing touches to a strategic plan to grow strongly in the region via acquisitions and by leveraging existing investments to support customers and suppliers in refining their supply chain management offerings.…

Doing Business in Korea, Part 2

Smith & Associates – which is celebrating its 30th year in business this week — opened its office in Seoul in 2000. Although electronics behemoths such as Samsung, LG and Hynix are headquartered in Korea, Choon Byun, Smith’s president for Asia-Pacific, said relationships still matter when it gets down to buying and selling components. In…