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Sager Electronics Launches Website for Value-add Solutions

 Sager Electronics, a leading North American distributor of Interconnect, Power, Electromechanical, and Thermal solutions and provider of value-add solutions, today announced the launch of a website dedicated to the company’s value-add capabilities – valueadd.sager.com. “Through our specialized group Sager Power Systems, we offer world-class engineered solutions tailored to fit a wide variety of applications. With…

ECIA  Announces Outcome of Automated Data Exchange Initiative

The ECIA has posted information about its Automated Data Exchange Initiative, including a new digital solution to help eliminate the inefficiencies of B2B communications among electronic component manufacturers, distributors and independent manufacturers reps through CRM systems. “Information, and its associated accuracy, is critical to every company’s core business, profitability, future planning, and overall success,” explained Alan…

Avnet Fiscal Q2 Sales up 4.8%

Avnet, Inc. (Nasdaq: AVT) today announced results for its second quarter ended January 2, 2021. Fiscal Second Quarter Key Financial Highlights: Sales of $4.7 billion up from $4.5 billion in the prior year quarter, supported by record sales in Asia of $2.2 billion, up 16% year over year. On constant currency basis, organic sales increased 4.8% after adjusting for 14 weeks of activity in the…

Avnet Celebrates 100 Years of Accelerating Technology and Distribution

At a time of major global change, leading technology solutions provider Avnet (NASDAQ: AVT) is marking the company’s 100th anniversary in 2021, joining an elite group of companies that have reached their centennial. From its origins on Radio Row, the Manhattan warehouse district famous for its post-World War I electronics shops, to its current position as a top…

Arrow Names Sean Kerins as COO

Arrow Electronics, Inc. (ARW) announced that Sean J. Kerins has been named the company’s chief operating officer. He will continue to report to Michael J. Long, chairman, president, and chief executive officer. Previously, Mr. Kerins served as president of Arrow’s global enterprise computing solutions business since 2014. Prior to that, he was president of the North American region for the…

Prices of NAND Flash Controller ICs Poised to Rise by 15%-20%

In the upstream semiconductor industry, the major foundries such as TSMC and UMC are reporting fully loaded capacities, while in the downstream, the available production capacity for OSAT is also lacking, according to TrendForce’s latest investigations. Given this situation, suppliers of NAND Flash controller ICs such as Phison and Silicon Motion are now unable to…