Challenges & Goals for Distributors in 2011

The year is starting out strong for the electronics distribution channel as many forecasts show signs of economic recovery despite the continued challenges of unemployment and high energy and commodity costs. A reason for optimism is the recent Consumer Electronics Show that had its best turnout in three years with more than 150,000 in attendance.…

Avnet Memec Expands in Europe

POING, Germany — Avnet Memec is strengthening its relationship with analogue and mixed-signal semiconductor specialist, Semtech Corp. Under the extended distribution agreement Avnet Memec will now provide technical and sales support for Semtech in the UK, Ireland and Nordic regions alongside the existing agreement for the rest of Europe. “Avnet Memec has always brought high…

Avnet CEO Transition: No Bumps Ahead

Longtime {complink 577|Avnet Inc.} executive Rick Hamada, 53, has been named CEO of the company, effective July 4, with current Chairman and CEO Roy Vallee remaining as executive chairman. The move is part of a planned and multi-year succession process, and the industry can expect an absolutely seamless transition. (See: Rick Hamada Named Avnet CEO.)…

Rick Hamada Named Avnet CEO

PHOENIX, Ariz. — Avnet, Inc. (NYSE:AVT), a leading global technology distributor, announced today that the Board of Directors has promoted Rick Hamada, 53, to Chief Executive Officer (CEO) effective July 4, 2011, concurrent with the beginning of Avnet’s new fiscal year. Hamada, who currently serves as Avnet’s President and Chief Operating Officer (COO), has also…

MSC Adds MEMS From SiTime

STUTENSEE, Germany — MSC now offers silicon MEMS-based OCXO, TCXO and VCXO products – specifically for telecommunications, networking, wireless and storage applications – from SiTime. The silicon-based timing solutions offer pin compatibility with existing quartz-based solutions, optimum space utilization, high reliability, low jitter and the best possible flexibility in terms of development, production and lead…

Agilent Honors RS Components

OXFORD, U.K. — RS Components, the world’s largest high service distributor of electronics and maintenance products, has received the 2010 Distribution Excellence award for EMEA from Agilent Technologies. This annual award reflects the outstanding sales performance achieved by RS on Agilent products in the last 12 months and was presented during their EMEA distribution conference…

RS Components Issues Interim H2 Report

CORBY, U.K. — Electrocomponents plc, the leading international high service distributor, has today issued its second half interim management statement for the year ending 31 March 2011 which covers the period from 1 October 2010 to 31 January 2011. STRONG SALES GROWTH CONTINUES During the four months to 31 January 2011 the Group has continued…

Electrocomponents Issues H2 Statement

LONDON — Electrocomponents plc, the leading international high service distributor, has today issued its second half interim management statement for the year ending 31 March 2011 which covers the period from 1 October 2010 to 31 January 2011. STRONG SALES GROWTH CONTINUES During the four months to 31 January 2011 the Group has continued to…

Avnet Expert to Present at DesignMED

PHOENIX — As the complexity of medical devices has increased, the process of software validation has become a correspondingly intensive process for medical device designers. Avnet (NYSE: AVT) microcontroller and security technologies expert Jim Carver illustrates how utilizing the latest technology can lessen the time spent on de-bugging and validating system software in his presentation…

Highlights From Arrow’s Earnings Call

Earnings results from global distributors continue to support growth expectations in electronics components demand through the first quarter. On Wednesday, {complink 453|Arrow Electronics Inc.} posted record revenues of $5.2 billion for its fourth quarter ended in December, a milestone for the global distributor. (See: Arrow Electronics Reports Record Q4.) As global distributors such as Arrow…