Microlease has been named as an authorised value-added reseller for Fluke in the UK, Italy and Germany, giving new and existing customers direct access to evaluate, purchase, lease and rent instruments from the Fluke Industrial product range.
Two years on from its acquisition by Avnet and Premier Farnell is flourishing. In 2018 the distributor delivered global revenue of $1.5bn, up 11.1% year over year and posted consecutive year on year growth each quarter at a global and regional level (EMEA, North America & Asia-Pacific). It exited the year with Q4 sales growth of 13% year over year.
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.
The European semiconductor distribution industry continued on a solid yet slow growth path through Q2/2018. Despite (or because of) severe allocation issues in many key technologies and products, the market according to DMASS*, grew 5.7% in Q2/2018, to 2.32bn Euro.
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.