Avnet, Inc. (Nasdaq: AVT) today announced results for its first quarter ended October 3, 2020. Sales reached $4.7 billion, up from $4.2 billion in the previous quarter and $4.6 billion in the prior year quarter. Other highlights: GAAP diluted loss per share of $0.19, compared with earnings per share of $0.40 a year ago. Non-GAAP adjusted…
DetailsSourceability, the digital supply chain solutions provider, has appointed Kevin Wang as Managing Director for APAC, ushering in a renewed focus and support for the region. Wang joins after eight years at Future Electronics where he held the position of VP having initially joined as Sales Director for its then newly created FAI division. With…
DetailsACEINNA, Inc. a worldwide leader in innovative sensing technologies, today announced a distributor agreement with Digi-Key Electronics, a global electronic components distributor. This distribution partnership will enable Digi-Key to expand its Marketplace product portfolio and will provide Digi-Key customers with a wide range of solutions and products in the sensing, autonomous vehicle guidance, and power…
DetailsFuture Electronics is a global leading distributor of electronic components with worldwide headquarters in Montreal. The company is pleased to announce their new online Bill of Materials tool for a more intuitive customer experience. Future Electronics worked closely with many stakeholders over several months of dedication and effort to launch this new feature that comes…
DetailsMouser Electronics, Inc., the New Product Introduction (NPI) leader empowering innovation, announces its redesigned Technical Resource Center, which contains the global distributor’s ever-expanding collection of technical articles, blogs, eBooks, and Methods technology and solutions journal, plus related product information, in a searchable repository. .@MouserElec announces new Technical Resource Center to help customers more quickly and…
DetailsHeilind Electronics, a premier global distributor of electronic components, has expanded its portfolio with the addition of ITT Cannon – a global market leader in the design and manufacture of harsh environment connector solutions. The distribution agreement positions Heilind as a global partner for ITT Cannon, authorizing the sale of these products in the American, European and…
DetailsNAI, a leading designer and manufacturer of custom interconnect solutions which deliver power and signals to monitor data, connect people and keep equipment operating, announced the opening of a new manufacturing plant in Saltillo, Coahuila, Mexico. This facility will produce interconnect devices, including cable assemblies, harnesses, and box builds. The primary purpose of this new…
DetailsAs the logistics industry prepares for October 13 — Amazon’s Prime Day — freight platform Freightos notes one key takeaway from “the very bizarre 2020.” Small importers have a changing role on a global scale. This week, ocean rates have declined slightly. Key insights: Ocean rates from China to the U.S. fell slightly by 1% as…
DetailsWPI, a member of WPG Holdings, today announced an exciting technology distribution partnership with ACEINNA, a worldwide leader in the development of price-competitive, high performance Inertial Measurement Unit (IMU) and current sensing technologies that are essential to next generation cars, robots and other autonomous applications. This distribution agreement will enable WPI to offer a complete…
DetailsRaltron Electronics, a global leader in high performance frequency management components and antenna products, is pleased to announce the appointment of Redtree Solutions as its new manufacturer’s sales representative for France and Benelux (Belgium, Netherlands and Luxemburg). Redtree will support Raltron’s entire product line including crystals, oscillators, VCXO, TCXO, OCXO, VCO, LTCC filters, antennas, and…
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