TTI Buys Second Chip Specialist & Expands into South Korea

On the last business day of 2017, TTI Inc. acquired its second semiconductor company, Changnam I.N.T. Ltd. of South Korea. The longtime specialty distributor of interconnect, passive and electromechanical (IP&E) components expanded its nascent semiconductor linecard and its geographic reach in one fell swoop. But TTI’s ambition is not to become a global broadline distributor,…

Fusion Names Sales VP

Fusion Worldwide, a leading open market electronic component distributor, today announced that Tim Burns has joined the company as Vice President of Sales Americas. Burns brings nearly 20 years of experience to the role, with expertise in sales team management, sales growth, business development, marketing strategy and customer relationships. An experienced sales leader with a…

Component Shortages to Last ‘Longer Than Expected’

There’s no short-term relief ahead for electronics manufacturers that are scrambling for components. Tight supplies of capacitors and resistors are expected to last into mid-2018—longer than industry experts expected. The dreaded words “allocation” and “double-ordering” are coming up more frequently, meaning OEMs and EMS providers are facing long-term sourcing challenges. Thick- and thin-film chip resistor…

ERA Appoints Manufacturer and Distributor Delegates to Its Executive Committee

The Electronics Representatives Association (ERA) has announced that it has added distributor and manufacturer delegates to its Executive Committee, which also includes six representative members charged with carrying out the policies of the association as directed by the board of directors. Ken Bellero, president of Schaffner EMC Inc., has been appointed as the manufacturer delegate…

Sager Electronics Joins ERA as a New Global Distributor Member

The Electronics Representatives Association (ERA) has announced that Sager Electronics – a North American distributor of interconnect, power and electromechanical components from leading worldwide manufacturers – has joined ERA as a global distributor member. Sager Electronics is the latest addition to ERA’s fast-growing distribution membership. “Much of Sager’s evolution can be attributed to our work…

RS Components Expands IP67 Connector Portfolio

Singapore – RS Components (RS), the trading brand of Electrocomponents plc (LSE:ECM), the global distributor for engineers, has extended its portfolio of high-quality connectivity solutions with the EDAC 572 and 560 series of IP67-rated connectors, which offer simple, safe connections for a wide variety of outdoor and ruggedised applications including LED lighting, medical, marine and hydroponic cultivation, access control, external…

TE Connectivity Awards TTI

TTI, Inc., the leading authorized distributor of interconnect, passive, electromechanical and discrete components, announced today the company has received TE Connectivity’s highest performance award as the Global Distributor of the Year. The award was presented to the TTI executive team during the TE Global Distribution Summit meeting in Atlanta, Georgia. The annual award recognizes TE’s…

Molex Awards TTI

Fort Worth, Tex. – TTI, the leading global distributor of interconnect, passive, electromechanical and discrete components, has been awarded the 2015 Global Distributor of the Year Award from Molex. Molex’s most prestigious channel partnership award recognizes one outstanding global channel partner each year for advancing Molex technology solutions through demonstrated growth in worldwide sales coupled…

How to Plan for a Risk-Adjusted Supply Chain

As millennials begin to replace baby boomers in the electronics workforce, corporate priorities are beginning to shift. Millennials place significant value on their employer’s corporate social responsibility (CSR) stance, for example. As companies try to do good, however, they are also increasing their supply chain risks. Risk mitigation has become top of mind in the…

Arrow Electronics Sales Up 2% For 2015

Arrow Electronics, Inc. (NYSE:ARW) today reported fourth-quarter 2015 net income of $158.5 million, or $1.69 per share on a diluted basis, compared with net income of $116.2 million, or $1.18 per share on a diluted basis, in the fourth quarter of 2014. Excluding certain items1, net income would have been $182.1 million, or $1.94 per share on a diluted basis, in the fourth quarter of…