TE Connectivity Awards TTI

Fort Worth, Texas – May 4, 2015 – TTI, Inc., the leading authorized distributor of interconnect, passive, electromechanical and discrete components, announced today the company has received the prestigious Global Distributor of the Year Award in the Broadline category from TE Connectivity (TE), a world leader in connectivity. This win marks the fifth time in…

SIA: Q1 IC Sales Increase 6%

Washington — The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing and design, today announced worldwide sales of semiconductors reached $83.1 billion during the first quarter of 2015, an increase of 6.0 percent compared to the first quarter of 2014. Global sales for the month of March 2015 were $27.7 billion, 6.0 percent higher than the March 2014 total of $26.1…

Arrow Completes ATM Electronic Buy

Arrow Electronics, Inc. (NYSE:ARW) announced today the successful completion of the acquisition of ATM Electronic Corp., a leading electronic component distributor headquartered inTaipei, Taiwan with substantial operations inChina. Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as…

Amphenol Announces CFO Transition

Amphenol Corporation (NYSE:APH) announced today that Craig A. Lampo has been designated to succeed in an orderly transition to the position of Senior Vice President and Chief Financial Officer. Mr. Lampo, age 45, has been with the Company for over 10 years as Vice President and Corporate Controller. Prior to joining Amphenol, he spent 11…

Investment Consortium to Buy OmniVision

Santa Clara, Calif. – OmniVision Technologies, Inc. (OVTI), a leading developer of advanced digital imaging solutions, today announced that it has entered into a definitive agreement to be acquired by a consortium composed of Hua Capital Management Co., Ltd. (“Hua Capital Management”), CITIC Capital Holdings Limited (“CITIC Capital”), and GoldStone Investment Co., Ltd. (“GoldStone Investment”)…

Newark element14 Intros Infineon DC Motor Control Shield

Chicago, Ill. – The new Infineon DC Motor Control Shield for Arduino is now available for purchase from Newark element14, a global electronics distributor and online community for design engineers and electronics enthusiasts. The product enables fast and inexpensive prototyping of DC motor control. Infineon’s DC Motor Control Shield for Arduino is one of the first high current motor control boards…

Strong Dollar Pressures Arrow Q1

Arrow Electronics, Inc. (NYSE:ARW) today reported first-quarter 2015 net income of $106.1 million, or $1.09 per share on a diluted basis, compared with net income of $107.1 million, or $1.06 per share on a diluted basis, in the first quarter of 2014. Excluding certain items1 in the first quarters of 2015 and 2014, net income…

Flextronics Fiscal Q4 Sales Sag, Profits Rise

Flextronics (NASDAQ: FLEX), a leading end-to-end supply chain solutions company, today announced results for its fourth quarter and fiscal year ended March 31, 2015: Flextronics net sales for the fourth quarter ended March 31, 2015 were just under $6.0 billion, slightly below its previously provided revenue guidance of $6.0 billion to $6.4 billion. Despite the…

Honeywell’s SE and XE Switches Now at TTI

Now available in Europe through TTI, Inc., the world’s leading specialist distributor of passive, connector, electromechanical and discrete components are Honeywell’s SE series and XE series miniature sealed basic switches. The components have been designed for precise and reliable position indication of critical applications on aircraft and military systems. The applications range from military and…