Global technology provider Arrow Electronics today announced a distribution agreement with Teltonika, a Lithuania-based IoT solutions provider with a 20-year track record, covering Europe, Middle East and Africa (EMEA). Teltonika`s products address industrial communication, asset and personnel tracking, and mobile machine-to-machine (M2M) communication. Teltonika offers a broad range of IoT-related solutions and has more than…
DetailsNewark, the Development Distributor, is expanding its range of switches and relays, offering same-day shipping for over 25,000 products and on demand access to over 85,000 products, to further help engineers reduce time to market. Additions include products from EAO, NKK, Omron, and TE Connectivity. These new additions to the Newark portfolio, supporting industrial applications,…
DetailsThe Responsible Business Alliance (RBA), on behalf of its Responsible Minerals Initiative (RMI), and the International Copper Association, Ltd. (ICA), have signed a memorandum of understanding to jointly advance the responsible production and trade of copper. The RMI and ICA aim to harmonize expectations for responsible practices in the copper value chain by applying existing…
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The internet of things (IoT) has taken the world by storm in recent years. Everything from appliances to cars to handheld devices are connecting people to data and services like never before. However, with those connections come amazingly complex and effective devices and thus the need for greater control and interoperability between highly dispersed teams…
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Country-of-origin adjustments can help U.S. high-tech companies minimize geographical risks and mitigate the impact of tariffs. But the strategy can be costly, complicated and risky; and a decision that’s not easily undone. Tariffs are not going to just disappear, market experts say. Even with a delay on certain Chinese-import tariffs, the likelihood of a cease…
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SHENZHEN, China — A two-day shut down of Hong Kong International Airport forced the cancellation of hundreds of passenger flights and caused a fair amount of anxiety in the electronics supply chain. However, as of August 15th, passenger flights had returned to normal and supply-chain pressure had eased. The negative impact on imports, exports and…
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The two-day closure of Hong Kong International Airport (HKIA) had not impacted air cargo as of late Tuesday, although future delays appear inevitable. Given the volume of freight that passes through the airport — 5.1 million metric tons in 2018—any disruption of air traffic can hinder cargo departures. Air freight carriers, including Cathay Pacific, FedEx,…
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As digital transformation rolls out and more supply chain operations come online, the need for synchronicity across all systems is growing. The answer is a streamlined platform and management system. As a business model designed to synergize processes, tools, and communication largely through a single, scalable network, a platform creates value from the exchanges made…
DetailsAvnet, Inc. (Nasdaq: AVT) today announced results for the fourth quarter and fiscal year ended June 29, 2019. Fiscal Fourth Quarter Key Financial Metrics Sales of $4.7 billion, which were in line with guidance, declined 7.5% from a year ago and 0.4% from the prior quarter. Sales guidance for the fiscal fourth quarter anticipated lower-than-historical…
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Editor’s note: This is the second of two articles focusing on strategies that mitigate the impact of tariffs on imported goods. Tax and business advisory firm KPMG identified seven successful tactics in its webinar TradeWatch: Section 301 Tariffs; What we’ve Learned in Year One. This article covers recommendations four through seven. The U.S.-China trade war…
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