RECOM’s 15W and 20W AC/DC power supplies are designed for low power IoT and household applications. Based on the footprint of the compact RAC10-K modules, these new modules feature high-efficiency over a wide load range and minimal standby power consumption. They are available now at www.Rutronik24.com.
Industry veteran Kris Haggstrom has joined PEI-Genesis as Senior Director of E-Commerce and Electronic Manufacturing Services (EMS). Haggstrom brings a wealth of experience from the distribution segment having spent the better part of 25 years in various senior management positions for Future Electronics and Digi-Key Electronics, building and managing global sales and E-Commerce business units.
Mouser Electronics has signed a global distribution agreement with Micron Technology. It adds a key memory technology manufacturer to Mouser’s portfolio. Micron products target a broad array of applications in the computing, networking, data, server, mobile, embedded, consumer, automotive, and industrial markets.
Premier Farnell has named industry veteran Rob Rospedzihowski as Vice President for Sales, EMEA reporting to Chris Breslin, President, Premier Farnell. Rospedzihowski is responsible for Farnell element14’s sales across EMEA and takes on the role with immediate effect.
Avnet revenues rose 9.8% year on year to $5.06bn in the fourth quarter of 2018. Income fell to $58.6m against $81.4m in the fourth quarter. Highlights included Premier Farnell where revenues increased 13% year on year, and record 11.8% margins were achieved.
Distributors continue to help cushion customers from the effects of components shortages, though there are signs of a softening market. Addressing analysts on a call hosted by seeking alpha.com, Arrow Electronics CEO Michael Long indicated that while it’s global components business leading indicators remained healthy and its backlog continued to grow at robust rate, the rate of sequential year-over-year growth moderated.
Review Display Systems has launched into the USA market. Headed by Alan Beale, the specialist supplier of displays, embedded systems and design solutions has set up offices in Milwaukee, Wisconsin.
TTI has been honoured by TDK Europe with the Senten Manten Silver Award in the category of international volume distribution in their annual European Distribution Awards. It is the fifth time these European Distribution Awards have been presented by TDK Europe in the categories of international volume distribution, high-service distribution and local distribution.
Arrow Electronics has reported second-quarter 2018 sales of $7.39bn, an increase of 15% from sales of $6.42bn billion in the second quarter of 2017. Second-quarter net income of $170m compared with net income of $100m in the second quarter of 2017.
TTI is to acquire California-based RFMW. When the deal is completed, RFMW will continue to operate under the RFMW brand name, reporting through the TTI Semiconductor Group (TSG). Joel Levine will continue to serve as President of RFMW, and will report to TSG President, Michael Knight. The transaction is expected to close October 1, 2018.