Amphenol Awards TTI

TTI, Inc., a world leading specialist distributor of electronic components, has recently received the award for Best 2015 European Performance from Amphenol Corporation. TTI and its subsidiary Mouser Electronics jointly were honoured with this prestigious international award. In addition, TTI and Mouser won the awards for 2015 Best Global Performance and 2015 Best Asian Performance.…

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Avnet Sacks Hamada, Names Amelio Interim CEO

Avnet Inc. said it appointed William Amelio interim CEO, replacing Rick Hamada who has resigned with immediate effect from his position and from the board of directors. Hamada became CEO of the global electronics component distributor in 2011 and joined the company more than 30 years ago. The company did not provide detailed information about…

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DRAM Prices to Rise in Q3

DRAM contract prices stabilized at $12.50 in June after dropping 62 percent from October 2014 at a high of $32.75, according to DRAMeXchange, a division of TrendForce. However, analysts expect DRAM prices to start to rise in the third quarter, increasing from four to eight percent. “After being on a downtrend for almost two years, DRAM contract…

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Foxconn ‘Bank’: A New Twist in Supply Chain Financing

Foxconn Technology Co. Ltd is giving a new meaning to the term “full-service-provider.” It is a contract manufacturer, a supplier of a wide range of parts and services to electronics OEMs and, since last year, a provider of critical financing support to suppliers. By setting up a business unit to fund suppliers, Foxconn has cracked…

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