European components distribution reports record 2022

Distribution of European components ended 2022 in a record-breaking fashion. DMASS Ltd. says that unexpectedly robust semiconductor sales and normalizing sales in IP&E (Interconnect, Passive and Electromechanical) components led to reported revenues of EUR 5.03 Billion in Q4, which were 27.8% higher than the same quarter last year. Semiconductors saw record Q3 sales of EUR 3.62 billion, and IP&E finished at EUR 1.41 billion, or 7.9% more than Q4 of the previous year. In total, companies represented in DMASS reported consolidated components revenues of EUR 19.5 Billion for 2022, an increase of 32.6% over 2021.

Source: European components distribution reports record 2022