It’s fair to say Steve Sanghi, CEO of Microchip Technology was not impressed once he and his colleagues got access to all the information on Microsemi that they were not able to get before acquiring the company. Excess inventory in distributors and luxury private planes are in his sights as issues to be addressed – and sharpish.
European connector makers have successfully persuaded the European Commission to allow the use of hexavalent chromium in the finishing processes of connector housings for a further 12 years. The European REACH regulation has banned the use of the compound, and the original authorisation for continued use was four years.
Omron Electronics and Electro Performance have signed an agreement, whereby Electro Performance becomes a distributor in Denmark for Omron Industrial Automation solutions. Electro Performance is based in Aarhus and primarily serves customers in Eastern and Central Jutland, but also implements projects throughout Denmark.
Midas Displays has enhanced its UK and European sales channel with the appointment of Yorkshire-based Easby Electronics as a franchised distributor. Easby Electronics will market, promote and supply Midas Displays’ complete portfolio of display products, value-added services and solutions.
Nordic Semiconductor has signed a new agreement with Avnet covering the distribution of Nordic’s Bluetooth Low Energy (Bluetooth LE), ANT+, IEEE 802.15.4, and 2.4GHz proprietary ultra low power (ULP) wireless connectivity solutions in the Americas.
Astrodyne TDI and Mouser Electronics have agreed a global distribution deal covering Astrodyne TDI’s EMI filter products.
Stadium Group has agreed to be acquired by TT Electronics in a £45.8million deal. Stadium Group directors say that while the business would have a strong independent future, they considered that the offer by TT provides shareholders with value at a level which adequately reflects both the quality of the Stadium business and its prospects.
Cressall, has signed a global distribution agreement RS Components (RS), that will see items from its range of resistors and portable load bank units from any of the 32 countries where RS operates. For the agreement with RS, Cressall has produced a range of high current adjustable resistor kits suitable for many high power applications.
The $500bn global semiconductor market is tantalisingly close. That’s the bullish forecast presented by Malcolm Penn CEO of market research company Future Horizons. He is predicting growth a tick over 21% in 2018 taking the market to within a whisker of $500bn, well, $499.9bn to be exact.
Electrical and Electronic component manufacturer HARTING has awarded Northern Connectors, a distributor of industrial cable, connectors and components, with its Specialist Distributor of the Year Award of 2017. Based in St. Helens, Lancashire, Northern Connectors was formed in 1983 and has been distributing HARTING products for more than 20 years. The company has now won the award eight times in total.