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 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.
Arrow Electronics has been named Best Performing Distributor for Standard Products in Europe, Middle East and Africa (EMEA) in 2017 by STMicroelectronics.
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 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 has collaborated with Microsoft to offer a customer enablement experience based on a real use-case hardware, software and services solution aligned with Arrow’s mission to offer complete IoT solutions from “sensor-to-sunset”.
Arrow Electronics and Basler, a German supplier of industrial digital cameras, have signed an agreement under which Arrow will distribute the complete Basler range of products throughout the EMEA region. In addition, Arrow added Basler to its digital global linecard.
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.
Under the theme “From Sensor to Sunset,” Arrow Electronics will display its comprehensive, fully integrated IoT portfolio at the embedded world exhibition in Nuremberg (February 27-March 1), including sensors, wireless connectivity, gateways to cloud platforms, data aggregation and visualisation, analytics and security, and beyond.
Arrow Electronics has demonstrated its commitment to delivering IoT solutions by acquiring eInfochips, a design and managed services company. eInfochips works with global Fortune 1000 companies at every…