Texas Instruments Inc. has further pared its distribution channel, notifying global distributor World Peace Group (WPG) and Asia-Pacific distributor WT Micro that it was terminating those relationships, effective December 2020. TI told global distributor Avnet Inc. last week that it was ending their franchise agreement. The latest announcements are consistent with the evolution of TI’s…
As component manufacturers and distributors gathered for the annual EDS trade show, fears of a 2019 recession had largely abated. The year could end slightly ahead of 2018, one global distributor projected, assuming the market environment remains “normal.” That was Wednesday. By Friday, the U.S. had escalated its trade war with China and the supply…
Arrow Electronics, Inc. (NYSE:ARW) today reported first-quarter 2019 sales of $7.16 billion, an increase of 4 percent from sales of $6.88 billion in the first quarter of 2018. First-quarter net income of $141 million or $1.63 per share on a diluted basis, compared with net income of $139 million, or $1.56 per share on a…
Arrow Electronics, Inc. (NYSE:ARW), a Fortune 500 leading technology solutions and engineering provider, and Freelancer.com (ASX:FLN), the world’s largest freelancing and crowdsourcing marketplace by number of users, today announced the launch of ArrowPlus powered by Freelancer.com. The new platform allows Fortune 500 companies and innovative technology creators to design and build hardware products through access…
Demand for semiconductors and passive components showed signs of weakening in February—a trend that is expected to last through the first half of the year. “Based on our findings, we believe the industry has yet to see a bottom as demand and bookings continue to weaken, as well as inventories continuing to rise,” said Technology…
Arrow Electronics, Inc. today reported fourth-quarter 2018 sales of $7.92 billion, an increase of 5 percent from sales of $7.54 billion in the fourth quarter of 2017. Fourth-quarter net income of $231 million, or $2.63 per share on a diluted basis, compared with net income of $54 million, or $.60 per share on a diluted…
Arrow Electronics, Inc. (NYSE:ARW) has again been named to FORTUNE’s “World’s Most Admired Companies” list, topping the “Wholesalers: Electronics and Office Equipment” category for the sixth consecutive year. This marks the 19th time Arrow has appeared on the list that is based on input from industry executives, directors and analysts. “Arrow is honored to be…
Editor’s Note: After perhaps a decade in research labs and drawing boards, 5G is on the verge of deployment. Indeed, early deployments of the technology are coming online now. You can tell because the marketers have sunk their teeth in and started promoting it. With 5G moving out of the lab, the team at Aspencore…
TE Connectivity, one of the largest and most diverse manufacturers of connectors, sensors and passive components, has expanded its purchasing, pricing, availability and delivery offerings via its TE Store. Although similar services are offered by TE distributors, TE’s chief eBusiness and digital officer Nitin Mathur said there is a large population of global users that…
Arrow Electronics today announced that it now supplies GaN Systems’ range of GaN (gallium nitride) transistors in Europe, Middle East and Africa (EMEA). GaN Systems is the global leader in GaN power semiconductors. These GaN devices offer high efficiency, small sizes and open up opportunities in areas from data centres, electric vehicles, and renewable energy…