Dialight, the recognized leader in LED industrial lighting, signals, and indication technology is pleased to announce that TTI, a leading distributor of electronic components is now an authorized distributor of Dialight LED board and panel mount indication products. Matt Boudiette, Dialight Vice President and General Manager, commented, “Dialight is excited to add TTI as a…
DetailsIPC announced today the December 2020 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.10. Total North American EMS shipments in December 2020 were up 13.5 percent compared to the same month last year. Compared to the preceding month, December shipments rose 8.5 percent. EMS bookings in December…
DetailsAvnet, Inc. (Nasdaq: AVT) today announced results for its second quarter ended January 2, 2021. Fiscal Second Quarter Key Financial Highlights: Sales of $4.7 billion up from $4.5 billion in the prior year quarter, supported by record sales in Asia of $2.2 billion, up 16% year over year. On constant currency basis, organic sales increased 4.8% after adjusting for 14 weeks of activity in the…
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At a time of major global change, leading technology solutions provider Avnet (NASDAQ: AVT) is marking the company’s 100th anniversary in 2021, joining an elite group of companies that have reached their centennial. From its origins on Radio Row, the Manhattan warehouse district famous for its post-World War I electronics shops, to its current position as a top…
DetailsECIA is pleased to announce Frank Flynn, President of Sager Electronics, begins his term as ECIA Board Chairman this month. ECIA Board Chairpersons serve a two-year term. “I am a great believer in the association and am honored to serve the electronic component industry as ECIA’s Board Chairman,” said Flynn. “ECIA’s mission of bringing the…
DetailsArrow Electronics, Inc. (ARW) announced that Sean J. Kerins has been named the company’s chief operating officer. He will continue to report to Michael J. Long, chairman, president, and chief executive officer. Previously, Mr. Kerins served as president of Arrow’s global enterprise computing solutions business since 2014. Prior to that, he was president of the North American region for the…
DetailsIn the upstream semiconductor industry, the major foundries such as TSMC and UMC are reporting fully loaded capacities, while in the downstream, the available production capacity for OSAT is also lacking, according to TrendForce’s latest investigations. Given this situation, suppliers of NAND Flash controller ICs such as Phison and Silicon Motion are now unable to…
DetailsThe EDS Board of Directors has announced that it will reschedule its 2021 EDS Leadership Summit. Previously set to take place in Las Vegas from May 10 – 14, the dates are now set for August 30 – September 2. The change in dates also moves the start day to Monday rather than the traditional…
DetailsAbracon, LLC (Abracon) announced that it has acquired Fox Electronics, a privately held frequency control supplier headquartered in Fort Myers, Florida. Mike Calabria, president and CEO said, “We are very excited about the addition of Fox Electronics to Abracon’s industry leading offering of frequency and timing products. Fox Electronics is a well-recognized brand that customers…
DetailsArrow Electronics, Inc. (NYSE:ARW) today announced that Andy King is retiring from the company as president of the global components business, effective December 31, 2020. “Andy has been an instrumental part of driving the growth and success of Arrow during his 34 years at the company,” said Michael J. Long, chairman, president, and chief executive…
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