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…

Avnet’s Fay: Premier Farnell Builds on a ‘Solutions’ Ecosystem

Avnet Inc. says its acquisition of U.K.-based distributor Premier Farnell will help the company accelerate its digital transformation and make it a more critical partner to customers through the provision of a wider range of design engineering and supply chain solutions to move them swiftly and seamlessly from the idea and product conception stages to…