Avnet, Inc. (Nasdaq: AVT) today announced results for its second fiscal quarter ended December 28, 2019. Second Quarter Key Financial Highlights: Sales of $4.5 billion were in line with guidance. GAAP diluted EPS from continuing operations totaled $0.05, compared with $0.33 a year ago. Non-GAAP adjusted diluted EPS totaled $0.40 compared with $1.04 a year…
DetailsAccording to Market Search Future, the global surface mount (SMT) technology market is expected to grow at $ ~4 Billion by 2022, at ~8% of CAGR between 2019 and 2022. The global surface mount technology equipment market is on an upward growth trajectory and is expected to reach $4 billion by the end of the…
DetailsThe global market for IC packaging grew by double digits in 2018, but will manage to grow by just 3.0 percent in 2019, as the overall IC devices market declines by 3.7 percent. The saving grace for the packaging industry comes primarily as a result of strong growth of advanced packaging solutions, which reaches nearly…
DetailsMouser Electronics, Inc., the authorized global distributor with the newest semiconductors and electronic components, today announced it has entered into a distribution agreement and partnership with GigaDevice, a leading provider of non-volatile memory solutions. As part of the agreement, Mouser Electronics is now an authorized distributor of GigaDevice SPI NOR, SPI NAND, and parallel NAND…
DetailsRaltron, a global leader in high performance frequency management, WiFi and wireless antenna products, is pleased to announce the appointment of Gagner-Toomey Associates Inc as its new manufacturer’s sales representative for Northern California and Nevada. Gagner-Toomey Associates (GTA) is a professional sales organization representing a portfolio of exceptional manufacturers serving a broad array of electronics…
DetailsFusion Worldwide, a global technology sourcing distributor, announced its newest achievement of receiving the SAE AS6081 quality certification. The AS6081 is an aerospace management standard, which establishes requirements and practices to mitigate the risk of buying, receiving and selling fraudulent/counterfeit parts. “Achieving the AS6081 certification is a real accomplishment,” states Paul Romano, COO at Fusion…
DetailsECIA’s President and CEO Bill Bradford announced to the Board of Directors that he plans to step down as the association president and chief executive officer by the end of Q1 2020. Bradford has led the association since 2018 and will transition to an industry position later in the year. During his tenure, the association…
DetailsThe day after voting to impeach President Donald Trump, the House approved his top 2019 legislative priority by advancing the U.S.-Mexico-Canada trade accord, Bloomberg News reports. The bill to replace the current North American Free Trade Agreement passed the House on a 385-41 vote, with strong bipartisan support less than 24 hours after Democrats and…
DetailsIPC — Association Connecting Electronics Industries® announced today the November 2019 findings from its North American Printed Circuit Board (PCB) Statistical Program. Sales and orders in November were strong and continued to outpace last year. The book-to-bill ratio stands at 1.08. Total North American PCB shipments in November 2019 were up 17.2 percent compared to the…
DetailsRichardson RFPD, an Arrow Electronics company, announced today that it has become a sponsoring member of the Guadalajara Connectory. Part of the global Connectory network, the Guadalajara Connectory is a co-creation space developed by Bosch and formed by a community of entrepreneurs, startups and universities, focused on promoting innovation in all industries, through partnerships and…
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