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Arrow Electronics

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Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Headquartered in Melville, N.Y., Arrow serves as a supply channel partner for approximately 700 suppliers and 140,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 300 locations in 50 countries and territories.

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.

Arrow Electronics

Arrow Electronics has signed an agreement to supply Scalys’ System-on-Modules (SoMs) and Small Board Computers (SBC) throughout Europe, Middle East and Africa (EMEA). Scalys single and multi-core SoMs and boards are small form factor computer boards that can be integrated with ease into many applications, reducing development time significantly.

Arrow Electronics

Arrow Electronics has been named EMEA Distributor of the Year by TE Connectivity (TE). Presented at TE’s regional summit in Bad Neuenahr, Germany, this honour recognises Arrow’s success throughout 2017, and was awarded based on strategic criteria that align with TE’s initiatives and priorities, including sales growth, business plan realisation, customer growth and training course completions.

Arrow Electronics

Arrow Electronics has reported surging fourth-quarter 2017 sales of $7.63bn, an increase of 18 percent from sales of $6.44bn in the fourth quarter of 2016. Fourth-quarter net income of $54 million compared with net income of $165 million in the fourth quarter of 2016.