Arrow Electronics has been recognised by knitter-inductive as it’s Best Distributor, Inductive Products, globally.
Paralyzed racing driver Sam Schmidt drove up Goodwood Festival of Speed’s iconic 1.86km Hillclimb in Arrow Electronics’ Semi-Autonomous Motorcar (SAM Car) on 24 June, as part of the ‘FOS Highlights and FIA Batch 5’.
Arrow Electronics has been recognised both for team and individual performances by Bourns in its annual distribution partner awards.
McLaren Racing has agreed a multi-year extension of its Formula 1 partnership with Arrow Electronics.
Arrow Electronics has reported third-quarter 2020 sales of $7.23 billion, an increase of 2 percent from sales of $7.08 billion in the third quarter of 2019.
Arrow Electronics has reported second-quarter 2020 sales of $6.61 billion, a decrease of 10% from sales of $7.34 billion in the second quarter of 2019.
Arrow Electronics first quarter 2020 sales fell 11% to $6.38 billion from $7.16 billion in the first quarter of 2019.
Arrow Electronics has signed up to supply GaN Systems’ range of GaN (gallium nitride) transistors in Europe, Middle East and Africa (EMEA). GaN Systems’GaN power semiconductors offer high efficiency, small assizes and open up opportunities in applications from electric vehicles and renewable energy to industrial motor drives and consumer electronics.
Arrow Electronics has been named Distributor of the Year by Amphenol for Europe, Middle East and Africa (EMEA). The award is based on sales growth.
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.