Avnet Fiscal Q1 Sales Drop 9%

Avnet, Inc. (Nasdaq: AVT) today announced results for the first quarter ended September 28, 2019. Fiscal First Quarter Key Financials Sales of $4.6 billion were in line with guidance, compared with $5.1 billion a year ago, as industry-wide softness over the past year has impacted historical seasonality, spanning all geographies. GAAP diluted earnings per share…

Sager Adds Recom Power to Line Card

Sager Electronics, a leading North American distributor of Interconnect, Power and Electromechanical components and provider of value-add solutions, today announced the addition of RECOM Power to its line card. RECOM Power is a leader in the design and manufacture of AC/DC power supplies, DC/DC converters, switching regulators, and LED drivers. “Sager Electronics and its specialized…

RS Components Extends Flat Rate Shipping; adds Maxim Integrated

As part of its strategy to better serve engineering, design and procurement customers across North America, RS Components (RS), a global multi-channel provider of industrial and electronic products and solutions, is announcing two significant enhancements to its e-commerce platform. Effective October 1, 2019, RS has extended flat-rate shipping for North American customers placing orders for…

RMI and GRI Launch Responsible Mineral Reporting Toolkit

The Responsible Minerals Initiative (RMI), an Initiative of the Responsible Business Alliance, and the Global Reporting Initiative (GRI), have launched a toolkit to advance reporting on sourcing minerals from conflict-affected and high-risk areas. The resource helps companies report on their commitments, due diligence processes and actions related to social impacts in the supply chain. It…

Women in Electronics Concludes Third Annual Conference

“Fear Less” was the theme at the 3rd Annual Women in Electronics (WE) Leadership Conference in San Diego, CA where industry leaders and motivators drove messages on gender perceptions, personal awareness, taking control of financial well-being, physical health, the importance of a positive personal brand, and positioning for professional success. Conference headliners included Shawn Andrews,…

Flip Electronics Extends IDT & Renesas EOL Agreement; Adds Intersil

Flip Electronics, a provider of end-of-life (EOL) component solutions, has signed an extended agreement with IDT and Renesas Electronics Corp. to deliver EOL and obsolete products for their extensive line of trusted embedded design and semiconductor solutions. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range…

ECIA Elects New Board Members

The three ECIA councils (Distributor, Manufacturer and Independent Manufacturer Representative) met in Savannah for the organization’s semi-annual Joint Council Session. New council positions were filled and the ECIA Board of Directors elected three new members: Mark Shiring, President & CEO of ebm-papst, Inc. Chris Wadsworth, General Manager of Carlton-Bates Company Karim Yasmine, Corporate Vice President,…

WESCO Appoints Squires as SVP & COO

WESCO International, Inc. (NYSE: WCC) (“WESCO”), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, today announced the appointment of Mr. Nelson Squires as its Senior Vice President and Chief Operating Officer effective October 1, 2019.   Mr. Squires served as the Company’s Group…