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(Reuters) – Major U.S. companies are getting caught up in a Trump administration effort to identify companies with ties to the Chinese military that would restrict exports to them.TTI Electronics Asia PTE Hong Kong Ltd, a subsidiary of a U.S.-based TTI Inc, a Berkshire Hathaway company, is on a draft list of such companies, as is Arrow Asia Pac Ltd, a subsidiary of Arrow Electronics.
Arrow Electronics Inc. is in talks with the U.S. government about the designation of an Asian subsidiary that could lead to export restrictions, another potential flashpoint in the clash between the world’s two largest economies.
Source: Arrow Denies Military Ties as U.S. Weighs Restrictions – Bloomberg
Two weeks into his tenure as interim Avnet Inc. CEO, Phil Gallagher is crystal clear on his growth plan for the $18 billion global distributor.“We will be absolutely focused on our core strategy — technology distribution — and driving home our value to suppliers and customers right out of the gate,” he said.
Source: Gallagher Lays Out Avnet’s Strategy for Future Growth
Twenty nineteen was a pretty good year for the electronics distribution sector, but no match for the stellar performance of 2018. Read the full article and hear from numerous distributors from the Top 50 list on their take for 2019 and what to expect for 2020.
If past is prologue, Analog Devices Inc.’s $20 billion acquisition of Maxim Integrated Products Inc. will prompt a major shake-up in its electronics distribution channel. When ADI acquired Linear Technology in 2017, it consolidated its global volume distribution network under one distributor – Arrow Electronics Inc. – and discontinued with the industry’s second-largest player, Avnet Inc.
Source: Analog Devices-Maxim Deal Portends Distribution Shakeup
Twenty nineteen was a pretty good year for the electronics distribution sector, but no match for the stellar performance of 2018.
Source: From Back-to-Normal to the New Normal | Source Today
The pandemic has everyone evaluating new ways to keep workers safe, here are some ways fulfillment and distribution centers can take in a post Covid world In difference to many other industries impacted during COVID-19, distribution and fulfillment centers have experienced enormous pressure to expand to meet the needs of global lockdown economies. At the same time, this industry has been one of the most at risk to keep essential workers safe. Interestingly, I have witnessed the dual nature of growth and ch
Source: What Distribution and Fulfillment Centers Must Do in a Post-COVID World | Industrial Distribution
SourceToday has rolled up their sleeves and taking it upon themselves to analyse the world of electronic component distribution. Having sifted through fiscal report after fiscal report the news provider is presenting its top list of electronic component distributors based on 2019 revenues.
Source: Evertiq – Arrow sits comfortably as number one among distributors
Two years ago, the U.S. and China began a tariff war that changed the face of international trade. Tech companies in particular deal with a series of rules and regulations that lack consistency across the globe. Electronics distributors handle many of the components, services and IT equipment that pass through the international supply chain. The newly-formed Global Electronics Distributors Association (GEDA) will tackle – among other issues — standards for processing and reporting tariffs that will reduce
Source: Global Distributor Group Tackles Tariff Inefficiencies
Lockheed Martin is making significant scheduling changes to hold on to employees while dealing with supplier delays impacting the F-35 program as a result of the COVID-19 pandemic.
Source: Lockheed Scales Back F-35 Program | Manufacturing.net
ECIA reports CY19 global passive sales (capacitors, inductors, and resistors) declined 13.7% in dollars and down 27.7% in units. Average selling price improved 19.3%. Units sales were 5.4 trillion units totaling $27.7 billion.
Source: ECIA: CY19 Global Passive Sales Decline 13.7% From 2018
