Digi-Key Kicks Global Expansion into High-Gear

Digi-Key Corp. has in recent years reported impressive sales growth of two to three times the industry average, making the electronics component distributor one of the best performing companies in its sector. It’s not slowing down. For 2015, the company projects another double-digit sales expansion, buoyed by surging adoption of its services globally by engineers,…

Future Bets Big on ‘Proliferation of Electronics’

Future Electronics Inc. plans to increase its investments in distribution support facilities and jack up hiring in Europe and Asia in 2015 as the company prepares to support rising “proliferation of electronics” in all areas of manufacturing, services and other segments of the global economy, according to company executives. In 2015, Future expects to more…

VCC: A One-Stop Shop for Indicators

Thanks to two major acquisitions in the past two years, Visual Communications Company, LCC (VCC) is now positioned as one of the broadest product line manufacturers of indicators, expanding its product portfolio beyond LED technologies to include neon and incandescent lamps. The company acquired the indication and illumination product lines from Chicago Miniature Lighting and…

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…

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…

Doing Business in Korea, Part 1

For many tech workers in the Americas, the Asia-Pacific region is just that—a region. Global electronics companies, of course, have figured out that each country within this vast region is unique. Within the distribution industry, independents such as Smith & Associates set up shop overseas more than a decade ago to expedite trade in electronics.…

Honeywell Wants to be Your Value-Added Provider

In a move to grow sales and give customers a competitive edge, Honeywell Sensing and Control is taking a big step into the world of value-added assembly services for medical and industrial markets. Since Honeywell already possesses the sensor expertise along with proven sensing technologies for these markets, it made sense that the global components…

Hudak Puts Newark element14 on ‘World Class’ Track

Tom Hudak, who recently took the reins of Chicago-based Newark element14, has three goals for the high-service distributor. He wants Newark element14 to be a great company to do business with, invest in, and work for. To meet these objectives, Hudak is putting plans in place to meet specific goals and metrics that will measure the…

PEI-Genesis Evolves While Maintaining its Niche

Philadelphia-based PEI-Genesis  has a highly-focused business model that the company is taking global.  The specialty distributor provides custom connector and related assemblies with a two-day turnaround. After venturing into the EU in 2001, PEI-Genesis has set its sights on the Asia-Pacific region. (See: It’s Never Too Late For China and PEI-Genesis Prepares for Expansion Into…