Avnet Reports Revenue Growth in FYQ1 2016

Phoenix, Ariz. — Avnet, Inc. (NYSE:AVT) today announced results for the first quarter fiscal year 2016 ended October 3, 2015. Sales for the quarter ended October 3, 2015 increased 1.9% year over year and 8.4% in constant currency to $6.97 billion (Q1 FY16 includes an extra week of sales) Adjusted operating income of $240.4 million increased 7.5% year over year and adjusted operating income…

MikroElektronika, Future Electronics Sign Distribution Deal

Belgrade – MikroElektronika, producer of a wide range of development tools and compilers for microcontrollers, today announced a distribution agreement with Future Electronics, a global leader in electronics distribution. Saving people’s time is the guiding principle in MikroElektronika’s approach to product design. With the increased availability which comes with the inclusion of their products in…

Mouser Offers Molex MediSpec Connectors

Mouser Electronics, Inc. is now stocking the MediSpec™ Medical Plastic Circular (MPC) Interconnect System from Molex. This affordable, high-performance interconnect solution combines premium performance and ease-of-use to meet the stringent standards of medical devices. In addition, the MediSpec is also recommended for use in avionics, high-use entertainment equipment, and test and measurement devices. The Molex…

Lantronix Signs Distribution Deal with Avnet

Irvine, Calif. – Lantronix, Inc. (NASDAQ: LTRX) — a specialized networking company providing smart IoT and M2M connectivity solutions — today announced it has signed a distribution agreement with the Avnet Electronics Marketing Americas business region of Avnet, Inc., (NYSE: AVT) a $27 billion leading technology distributor. Under terms of the agreement, Avnet will distribute Lantronix’s IoT-enabling modules and solutions…

InvenSense Releases Ultrasound Fingerprint Sensor for Review

San Jose, Calif. — InvenSense, Inc. (NYSE:INVN), the leading provider of MEMS sensor platforms, today announced it has released for OEM review UltraPrint™, its ultrasonic fingerprint imaging solution, manufactured on the proprietary InvenSense CMOS-MEMS Platform (ICMP), offering ramp to production in calendar year 2017. As the world’s largest fabless MEMS SOC innovator and source for the eutectically…

Arrow Electronics Reports Q3 Sales of $5.7B

— Non-GAAP Earnings Per Share of $1.40 — — 2015 Non-GAAP Earnings Per Share Expected to Be in Excess of $6.00 — Centennial, Colo.–(BUSINESS WIRE)–Oct. 28, 2015– Arrow Electronics, Inc. (NYSE:ARW) today reported third-quarter 2015 net income of $109.2 million, or $1.15 per share on a diluted basis, compared with net income of $146.9 million, or $1.47 per share on a diluted basis, in the third quarter…

America II, GP Batteries Sign Distribution Agreement

St. Petersburg, Fla. – America II Electronics, Inc., one of the world’s largest distributors of semiconductors and electronic components, today announced it has entered into a franchise distribution agreement with GP Batteries, a leading manufacturer of primary and rechargeable batteries. Under terms of the agreement, America II will distribute GP Batteries’ entire portfolio of products…

Sharp Promotes Dave Dwyer

Mahway, N.J.– Sharp Imaging and Information Company of America (SIICA), a division of Sharp Electronics Corporation (SEC), is pleased to announce that Dave Dwyer has been promoted to Vice President of Supply Chain and Operations. In his new role, Dave will be responsible for end-to-end Supply Chain Management and enhancing alliances with supply chain partners in support of…