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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…

Abracon Acquires Fox Electronics

Abracon, LLC (Abracon) announced that it has acquired Fox Electronics, a privately held frequency control supplier headquartered in Fort Myers, Florida. Mike Calabria, president and CEO said, “We are very excited about the addition of Fox Electronics to Abracon’s industry leading offering of frequency and timing products. Fox Electronics is a well-recognized brand that customers…

Molex Acquires Fiberguide Industries

Molex, a leading global connectivity and electronics solutions provider, announced the acquisition of Fiberguide Industries, a manufacturer of customized optical fiber solutions based in Caldwell, Idaho. Fiberguide will join Molex’s Polymicro business, a Phoenix-based provider of specialty optical fiber and fluidic-based products tailored for medical, industrial and datacom applications. “Today, Molex is setting a new…