TTI’s Gallagher on Distribution: ‘You have to Adapt’

Over the past few months the complexion of the electronics distribution industry has radically changed. Qualcomm’s acquisition of NXP has marked the largest supplier merger to date; and distributor Avnet Inc. sold off its systems business and acquired catalog competitor Premier Farnell. Although those two events don’t directly impact leading IP&E distributor TTI, Inc., this…

Five Semiconductor Suppliers Hold 41% of Global Market

Big semiconductor companies are getting bigger. Vigorous M&A activity in 2015 and 2016 has reshaped the landscape of the semiconductor industry, with the top companies now controlling a much greater percentage of market share, reports IC Insights. Not including foundries, IC Insights forecasts five semiconductor suppliers — Intel, Samsung, Qualcomm, Broadcom, and SK Hynix –…

Qualcomm to Pay $47B for NXP, Lists Rationale for Semi’s Largest Deal

Qualcomm Inc. has confirmed speculations it will pay $47 billion for NXP Semiconductor N.V. and listed a range of reasons for what is shaping up as the largest M&A transaction in the history of the semiconductor industry and one expected to face significant integration challenges and pile a load of debts on the buyer. The…

Electronics Makers’ New Mantra: Change, Change, Change

Electronics manufacturers are resigned to the stark reality that 2016 and the next several years will be marked more by restructuring, operational adjustments and management upheavals than strong growth. Across the industry, electronics firms are retooling everything for a vaguely defined “digital future” that everyone says requires a new growth strategy, a different set of…

Avnet Bid May Spark Bidding War for Premier Farnell

If Avnet Inc. really wants Premier Farnell plc, it will have to write a much bigger check than the £691 million ($912 million) it has offered for the company. The acquisition target’s market value surged to nearly £729 million only one day after Avnet made its bid, indicating investors believe the British distributor can attract…