Arrow Electronics, Inc. (NYSE:ARW) today announced a global distribution agreement with Samsung Electro-Mechanics, a leading manufacturer of electronic components and technologies.
Arrow will provide distribution and design-in services for Samsung Electro-Mechanics worldwide, excluding Korea, for Samsung’s broad product offering in the passives area of capacitors, resistors, inductors and crystals.
“Samsung is an innovator and a globally recognized leader in technology and electronics,” said Peter Kong president of global components for Arrow Electronics. “Together with Arrow’s strength in supply chain services, value-added capabilities, and global reach, this relationship will help expand our ability to serve our customers’ diverse needs around the world.”
“Samsung is engaging with Arrow Electronics in a global franchise agreement because of their market position with global customers, excellent sales and technical support and logistics expertise,” said Dr. CJ Choi, executive vice president/chief of business unit for Samsung Electro-Mechanics. “We are looking forward to reaching new markets with our technology into Arrow’s global customer base.”