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.
Advanced Thermal Solutions, a company focused on the thermal management of electronics, and Richardson RFPD have announced a new distribution partnership. The new line of ATS cold plates will be available through Richardson RFPD, adding a reliable, high-performance liquid cooling solution for the distributor’s power electronics customers.
Review Display Systems has launched into the USA market. Headed by Alan Beale, the specialist supplier of displays, embedded systems and design solutions has set up offices in Milwaukee, Wisconsin.
TTI has been honoured by TDK Europe with the Senten Manten Silver Award in the category of international volume distribution in their annual European Distribution Awards. It is the fifth time these European Distribution Awards have been presented by TDK Europe in the categories of international volume distribution, high-service distribution and local distribution.
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.
TTI is to acquire California-based RFMW. When the deal is completed, RFMW will continue to operate under the RFMW brand name, reporting through the TTI Semiconductor Group (TSG). Joel Levine will continue to serve as President of RFMW, and will report to TSG President, Michael Knight. The transaction is expected to close October 1, 2018.
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.
APC Technology Group has acquired Ruislip, London-based Aspen Electronics, which markets and sells RF and microwave components, test and measurement equipment, and repair and calibration services, for £2.2m. Key Aspen suppliers include Keysight Technologies, Guerrilla RF, RFIC, Ultra Electronics Herley, and APM technologies.
Future Electronics has completed a global partnership agreement with OrbiWise, a supplier of IoT solutions based on LoRaTM radio technology. Geneva-based OrbiWise’s flagship product is its enterprise-grade LoRaTM Network Server (LNS).