Infineon to Build New 300-MM Chip Factory

Infineon Technologies AG is to build a new factory for power semiconductors. The market and technology leader in this segment will thereby create the foundation for long-term, profitable growth. A fully automated chip factory for manufacturing 300-millimeter thin wafers will be constructed at the Villach location in Austria alongside the existing production facility. Austria’s Chancellor…

Details

Digi International Awards Symmetry Electronics

Symmetry Electronics, a leading global distributor of wireless, IoT and video technologies, was named North American Regional Distributor of the Year at Digi’s Global IoT Conference on May 22, 2018. As an authorized distributor of Digi products, Symmetry Electronics provides a focused and curated line card with ready-to-ship inventory for its global customers. Digi International…

Details

Bourns Names Digi-Key E-Commerce Distributor of the Year

Bourns, Inc., a leading manufacturer and supplier of electronic components, today announced it has selected Digi-Key Electronics as its 2017 North American e-Commerce Distributor of the Year for the second year in a row based on their excellent sales growth and innovative and successful Internet marketing programs. Bourns has been honoring its top-performing distribution partners…

Details

TTI Makes Changes to its Americas Leadership Team

TTI, Inc., the leading global authorized distributor of electronic components, has announced internal changes to the company’s commodity passive and specialty passive and discrete semiconductor product teams. Effective immediately, these two teams are being merged into one unified organization. Expanding their roles within TTI and the new organizational structure are Jeff Ray, Vice President of…

Details

C&K Receives Int’l Automotive Task Force 16949 OK

C&K, one of the world’s most trusted brands of high-quality electromechanical switches, today announced that all of its global facilities have received International Automotive Task Force (IATF) 16949 certification. C&K’s Dole (France) location was the first to achieve certification, with the company’s Huizhou (China) and Newton (Mass., U.S.) locations following closely thereafter. IATF 16949 emphasizes…

Details

Electrocomponents FY 2018 Sales up 12.8%

Strong results and new initiatives to drive future growth and profitability Highlights 2018 2017 Change  Like-for-like change1 Revenue £1,705.3m £1,511.7m 12.8% 12.8% Adjusted2 operating profit £177.1m £133.2m 33.0% 28.1% Adjusted2 operating profit margin 10.4% 8.8% 1.6 pts 1.4 pts Adjusted2 profit before tax3 £173.1m £128.0m 35.2% 30.0% Adjusted2 earnings per share 28.4p 21.0p 35.2% 29.7% Adjusted2 free cash flow £105.1m…

Details

Electrocomponents Acquires MRO-Solutions Provider IESA

In line with our strategy to build out our value-added service proposition, Electrocomponents plc is pleased to announce that it has reached agreement to acquire IESA, a leading provider of value-added services to industrial customers for a cash consideration of £88 million. Acquisition of leading corporate MRO(1) marketplace provider of value-added services Significantly enhances the…

Details