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Molex Collaborating With Samtec

Two global leaders in the design and manufacture of interconnects for high-performance electronic products today announced a Licensed Source Agreement which brings together innovations that provide a new generation of solutions to meet the evolving needs of 56G and 112G data speeds. Molex and Samtec are the only suppliers licensed to offer the Molex BiPass™…

TTI Acknowledges Supplier Excellence

  TTI, Inc., a world leading specialist distributor of electronic components, has named this year’s winners in its Supplier Excellence Awards programme, acknowledged across the industry as a rigorously-audited and highly sought-after recognition of quality performance. Throughout the year, TTI measures performance against specific actions – including on-time delivery, administrative quality, operations and business systems…

Symmetry Moves Inventory to Fort Worth

Symmetry Electronics, a leading global distributor of wireless and video technologies, has moved its inventory warehouse from Los Angeles, CA to Fort Worth, TX. to consolidate distribution operations with the TTI family of companies. The move allows Symmetry to better accommodate customers with expanded inventory and improved warehouse capacity. Symmetry is excited to share TTI’s…

Avnet Reports Q3 2018 Results

Avnet, Inc. (NYSE:AVT) today announced results for the third quarter ended March 31, 2018. Third Quarter Fiscal 2018 Highlights Sales of $4.8 billion increased 6.1% sequentially and 8.0% year over year Excluding supplier program changes, sales grew 7.3% year over year in constant currency GAAP operating margin loss of (1.1%) Non-GAAP adjusted operating income margin…

Avnet EMEA Names New President

Avnet Inc. (NYSE: AVT), leading global distributor, announced a major leadership transition for its European organization. Slobodan Puljarevic and Mario Orlandi were named President of Avnet EMEA, succeeding Miguel Fernandez, who retired from Avnet after more than 30 years. In their new roles they will report to Phil Gallagher, President of Avnet’s global components business.…