Precision Products Group Acquires Breyden Products

Private investment firm Auxo Investment Partners announced today that it has acquired Breyden Products, Inc., which will operate under the Precision Products Group (PPG) platform and brand. PPG is the parent company of Paramount Tube—a premier manufacturer of industrial tubing—as well as Euclid Medical Products. As PPG’s first acquisition under the ownership of Auxo, the…

Mouser to Sell Diotec Globally

Mouser Electronics, Inc., the authorized global distributor with the newest semiconductors and electronic components, announces a global distribution agreement with Diotec Semiconductor, designers and manufacturers of discrete semiconductor components. According to the agreement, Mouser will offer customers Diotec Semiconductor’s range of diodes, rectifiers, FETs, and voltage regulators for commercial- and industrial-grade applications. The CL15M45/CL20M/CL40M45 SMD current-limiting diodes deliver…

Avnet Collaborates With AWS

Through a new global strategic collaboration agreement, Avnet (Nasdaq: AVT) and Amazon Web Services (AWS) are focused on helping Original Equipment Manufacturers (OEMs) of IoT solutions accelerate their time to market. This multi-year, joint investment will enable Avnet’s IoTConnect Platform to deliver the breadth and depth of AWS’ portfolio of services—creating a scalable, secure platform that…

ECIA Adds New Members

ECIA is pleased to announce that nine new companies have joined the association: C C Electro Sales Inc. and Pipe-Thompson Technologies Inc. are manufacturers’ representatives. Chief Enterprises LLC and Eastern States Components, LLC. d/b/a ES Components are distributors. Linx Technologies, PHYTEC America LLC, Rose Batteries, Skyworks Solutions, Inc., and Traco Electronic AG are component manufacturers.…

TrendForce: PMIC Demand Remains Stable

According to TrendForce, market conditions in 1H22 were chaotic and there was disparate demand for chips of varying functionality. Given the global development of electronic devices and power systems, overall demand for power management ICs (PMIC) is still relatively good. PMICs are used in consumer electronics, communications, computing, industrial control, automotive and other fields. In…

Smith Opens New Hub in Houston

Smith, a leading global distributor of electronic components and provider of custom supply chain services, today announces the opening of the company’s new global services hub in Houston, Texas. This 30,000-square-foot expansion will complement Smith’s flagship distribution center at its global headquarters, providing a flexible space that can augment Smith’s existing supply chain service offerings. “Smith has…

Ocean Freight Rates Remain Stable

The detection of new Covid cases in Beijing and Shanghai last week had authorities implementing targeted restrictions in some areas and renewed the threat of another lockdown, according to Freightos. Meanwhile, ocean rates out of China, which have fallen significantly since March, remained level this week suggesting the potential surge of pent up volumes hasn’t…