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…

Electronics Hardware Sales Weaken on Digitization Efforts

Electronics hardware sales have weakened and the market will remain under pressure for years as enterprises globally redirect IT resources to the more pressing efforts of digitizing operations to remain competitive in a fast-changing economic climate. The digitization of manufacturing and service operations, combined with the harsh realities of an uncertain economic environment, will in…

IT Asset Disposition: Ensuring That You’re Insured

We know that with the increasing growth of cyber-hacking and data breaches, investing in IT asset disposition (ITAD) is a growing necessity for companies. It is critical to ensure the safety of a company’s confidential live and stored data on all of its assets, ranging from computers, phones, servers, and hard drives. If breached, a…

Avoiding Data Breaches in IT Asset Disposal

When the industry thinks of data breaches it raises the specter of a savvy hacker lurking very far, and yet very close, intermingling with a larger organization of internet criminals, breaking into our technology and gathering most private information: credit card and bank account details, social security numbers, and personal health and income data. The…

10 Trends That Will Drive Manufacturing in 2015

Manufacturing activity in the U.S. has been steadily growing all year, and capital investment usually accompanies growth. Over the next few years, manufacturers will be leaning more heavily on IT to help them face the challenges of emerging markets; compliance; and increasing efficiency, IDC Manufacturing Insights reports. Connectivity will play a major role in helping…