Arrow, distributor

Arrow Posts Double-Digit Growth in Q2 Sales & Net Income

Ongoing high demand for electronic components contributed to Arrow Electronics Inc.’s double-digit growth in the second quarter (Q2) of 2018. Sales reached $7.39 billion, an increase of 15 percent from sales of $6.42 billion in Q2 2017. Second-quarter net income of $170 million, or $1.92 per share on a diluted basis, compared with net income of $100 million, or $1.11 per…

Arrow

Arrow: From Top Distributor to Enabler of All Things High-Tech

Arrow Electronics Inc. sits today atop the distribution market. Victorious and, for the first time, alone. CEO Michael Long should savor the moment. Except, he has loftier goals. Arrow wants to be a solutions and technology platform offering data, design, engineering, product development, software, supply chain and other services to the global economy. This is…

How Avnet Manages Small Customers With Big Ideas

Avnet Inc. has wasted little time in leveraging new and existing design assets to reach up-and-coming businesses. The distributor’s acquisition of Premier Farnell, Hackster.io and Dragon Innovation has enabled the often-unwieldy global organization to support the makers and entrepreneurs that could be developing the next must-have computing, communication or consumer device. Broadline distributors such as…

Arrow Electronics: A Necessary Evolution in a Perilous Market

Arrow Electronics Inc. is knee-deep in the most consequential evolution in its history, one that has the potential to result in a complete transformation of its business and heavily impact the entire electronics value chain by forcing a reshaping of the design, engineering, new product introduction, procurement and the entire supply chain. Once finished, the…

Hybrid Distribution Model Proliferates

Whether it’s called the open market, independent or non-franchised distribution, the channel that buys and sells excess and obsolete electronic component inventory has changed. A growing number of companies in this niche have ratcheted up their procurement and quality-control practices to the extent that component suppliers and many OEM customers acknowledge independents as a vital…

Avnet Unveils Artificial Intelligence Platform for Engineers, Others

Avnet (NYSE: AVT), a leading global technology distributor, today unveiled Ask Avnet, the industry’s first digital platform that integrates artificial intelligence (AI) and industry expertise on demand to help a wide range of customers, including engineers, procurement specialists and professional makers, find the critical insights and information they need daily to bring their technology solutions…