Profit Plunge Prompts Premier Farnell Review

A comprehensive review of operations is under way at Premier Farnell after the UK-based distributor warned first half pre-tax profits would be 10 per cent down on last year. The group’s sales per day growth has drooped from the 5.4... (Read more)
: Distribution | |

Converge to host conference on Obsolescence Management

Converge, an Arrow company, has released details of its inaugural Future of Obsolescence Management (FOM) conference, to be held in Amsterdam September 22nd-23rd, 2015. The conference at the prestigious Amsterdam Hermitage art museum responds to increasingly widespread concern for securing... (Read more)
: Distribution | |

Mouser Electronics Recognized by Raytheon for Outstanding Performance

July 28, 2015 – Mouser Electronics, Inc. is pleased to announce that it has been honored by Raytheon for outstanding service, quality, and performance. Mouser was recognized for their outstanding performance as a supplier to Raytheon Integrated Defense Systems at... (Read more)
: Distribution | |

Anixter Reports Record Q2 Sales

​Anixter – No. 6 on Industrial Distribution’s 2014 Big 50 List – reported its 2015 second quarter financial earnings on Tuesday for the period ended July 3. Fresh off last week’s major announcement that it is buying HD Supply’s Power... (Read more)
: Distribution | |

Wistron said to consider moving notebook production out of Kunshan plants

Rumors have spread in the IT market that Wistron is planning to stop its notebook production in Kunshan, China and will move all its production capacity to plants in Chongqing and Chengdu in inland China. The company has responded by... (Read more)
: Computer, EMS, ODM | |

Why is Distribution Outperforming Suppliers?

his past financial quarter has driven home the adage that business concentration among a few large customers has its downside.  For example, although Apple Inc. sold almost 48 billion iPhones in Q2, many of its suppliers – according to CNN and... (Read more)
: Distribution | |

Arrow Q2 Sales up 3%

Arrow Electronics, Inc. (NYSE:ARW) today reported second-quarter 2015 net income of $123.9 million, or $1.28 per share on a diluted basis, compared with net income of $127.9 million, or $1.27 per share on a diluted basis, in the second quarter... (Read more)
: Distribution | |

Internet of Things changes OEM electronics outsourcing strategy

If two contract electronics providers send their sales people to pitch an OEM prospect. One wears a set of coveralls the other a nice clean suit. Who is the customer going to choose? The loud, forward-charging sales person trying to... (Read more)
: EMS, ODM, OEM, Telecom | |

Exception EMS achieves BS 18001 accreditation

Exception EMS has received the BS OHSAS 18001:2007 Occupational Health SafetyClass X capacitors are used in “across-the-line” applications where their failure would not lead to electric shock. Class X safety caps are used between the “live” wires carrying the incoming... (Read more)
: EMS | |

TTI Receives Raytheon Award

TTI, Inc. the leading global distributor of passive, interconnect, electromechanical and discrete components, has received recognition from Raytheon Integrated Defense Systems as a 3-Star Supplier Excellence Award winner for 2014. The award ceremony was held at Gillette Stadium in Foxborough,... (Read more)
: Distribution | |

Avnet Named to 2015 CIO 100 Asia by CIO Asia Magazine

HONG KONG – Global technology distributor Avnet, Inc. (NYSE:AVT) was recently honored on the 2015 CIO 100 Asia, which was published by CIO Asia magazine. Since 2001, the CIO 100 Asia has recognized the top 100 organizations across the region... (Read more)
: Distribution | |

Flextronics Reports First Quarter Fiscal 2016 Results

Flextronics’ net sales for the first quarter ended June 26, 2015 were just under $5.6 billion, slightly below its previously provided revenue guidance of $5.6 billion to $6.2 billion. Adjusted operating income was $159 million, above the lower end of... (Read more)
: EMS | |

Celestica Announces Q2 2015 Financial Results

TORONTO, July 23, 2015 /PRNewswire/ – Celestica Inc. (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced financial results for the second quarter ended June 30, 2015. Second Quarter 2015 Highlights Revenue: $1.42 billion, within... (Read more)
: EMS | |

Electrocomponents’ Q1 underlying sales growth increased to 5 pct

* First quarter trading statement * Electrocomponents Plc has today issued a trading statement for its Q1 ended 30 June 2015 ahead of its annual general meeting * In Q1 group underlying sales growth increased to 5 pct * Our... (Read more)
: Distribution | |

Benchmark Electronics Reports Second Quarter Results

ANGLETON, Texas, July 23, 2015 /PRNewswire/ — Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the quarter ended June 30, 2015. “Benchmark performed well, as evidenced by our 4.2% non-GAAP operating margin and revenue at the high end of... (Read more)
: EMS | |

Flextronics Officially Changes Name to Flex

SAN JOSE, Calif., July 24, 2015 /PRNewswire/ — Flextronics (NASDAQ: FLEX), a leading sketch-to-scale solutions company that designs and builds intelligent products for a connected world, announced today that it has officially changed its name to Flex, with a promise... (Read more)
: EMS | |

Arrow Launches IoT Boot Camp

Arrow Electronics, Inc. (ARW) has announced it is collaborating with Skookum Digital Works to offer the “Innovation Launch Pad,” a five-day, immersive-learning “boot camp” for companies looking to bring innovative and profitable “Internet of Things” (IoT) ideas to market. “IoT... (Read more)
: Distribution | |

OSI Systems recieves follow-on order worth $15 million

OSI Systems’ Security division, Rapiscan Systems, received a follow-on order, valued at approximately USD15 million, from a Middle East government. OSI Systems will provide additional Baggage and Parcel Inspection (BPI) and Eagle Cargo and Vehicle Inspection (CVI) systems for port... (Read more)
: EMS | |

Kontron: contract manufacturer consolidation finalised

Kontron informs that the contract manufacturer portfolio consolidation from previously 23 contract manufacturers down to 5 strategic contract manufacturers has been completed. This measure was one key target within the comprehensive efficiency program “New Kontron” that was introduced in 2013... (Read more)
: EMS | |

Plexus Announces Fiscal Third Quarter 2015 Results

(Thomson Reuters ONE via COMTEX) — Plexus Announces Fiscal Third Quarter 2015 Financial Results – Record revenue in fiscal third quarter of $670 million – Diluted EPS of $0.69 – Initiates fiscal fourth quarter 2015 revenue guidance of $650 –... (Read more)
: EMS | |

Compal server business to benefit from Lenovo, Dell orders

Compal Electronics has recently expanded its server R&D team to 300 technicians and will continue to recruit more talent because of increasing server orders from Lenovo and the existing ones from Dell, according to sources from the upstream supply chain.... (Read more)
: Computer, EMS, ODM | |

America II Adds Eight New Franchise Lines

America II Electronics, Inc., one of the world’s largest distributors of semiconductors and electronic components, has announced it has signed franchise distribution agreements with eight manufacturers. The company added Kontech USA, EMS Technologies, Power-Sonic Corporation, Global Circuit Innovations, Iskra, Toplite, Pastomold... (Read more)
: Distribution | |

Flextronics to consolidate Texas plants, shift focus to Austin

Flextronics International Ltd. is is set to lay off workers in the Dallas-Fort Worth area and shift its operational focus to its Austin facility. According to a WARN letter filed with the Texas Workforce Commission, the Singapore-based electronics manufacturing and... (Read more)
: EMS | |

Sanmina Reports Third Quarter Fiscal 2015 Results

SAN JOSE, Calif., July 20, 2015 /PRNewswire/ — Sanmina Corporation (“Sanmina” or the “Company”) (NASDAQ GS: SANM), a leading integrated manufacturing solutions company, today reported financial results for the third fiscal quarter ended June 27, 2015. Third Quarter Fiscal 2015 Summary... (Read more)
: EMS | |

Kemet receives excellence award from TTI

Kemet Corp., a Simpsonville manufacturer of electronics components, said it has been awarded TTI’s Global Operations Excellence Award for supplier performance. In its fourth year, the award recognizes the supplier who excelled in all three TTI regions — Americas, Europe... (Read more)
: Distribution, Manufacturers | | |

Coming Home from China: Answering the Question of Reshoring

Cost changes in the logistics chain with overseas manufacturers, primarily China, have led to a good deal of speculation regarding bringing manufacturing back to the U.S. Rising labor costs overseas are closing the cost of goods gap, while unexpected fluctuations... (Read more)
: EMS | |

Kontron takes control of Indian subsidiary

Kontron has made the Kontron Technology India Pvt. Ltd. with offices in Bangalore and Mumbai into a wholly-owned subsidiary of the group. Kontron acquired full ownership of all shares of the company in India to better serve its established base... (Read more)
: EMS, Industrial, Mil/Aero | |

Digi-Key announces university ‘Lab-in-a-Box’

Global electronic components distributor Digi-Key Electronics has announced their partnership with the ARM University Program to distribute the innovative ‘Lab-in-a-Box’ (LiB) to higher educational institutions around the globe. The LiB contains ARM-based technology and high quality, rigorous training materials that... (Read more)
: Distribution | |

Avnet Receives Celestica Total Cost of Ownership Supplier Award

PHOENIX – Avnet Electronics Marketing, an operating group of Avnet, Inc., has been awarded a 2014 Total Cost of Ownership (TCOOTM) Supplier Award from Celestica, a global leader in the delivery of end-to-end product lifecycle solutions. Celestica recognized Avnet as... (Read more)
: Distribution | |

Continued profitability improvement for Kitron

Thanks to a combination of growing revenues and better margins, EMS-provider Kitron is reporting its fifth consecutive quarter of improved profits. Kitron’s revenue in the second quarter amounted to EUR 55 million, an increase from EUR 51.4 million in the... (Read more)
: EMS | |

Arrow Electronics’ Dallas facility doubles its capacity to refurbish mobile devices

Arrow Electronics Inc. is doubling the capacity of its value recovery operation at its Dallas facility, which refurbishes smartphones, tablets and other mobile devices. The Centennial, Colorado-based company operates a 117,000 square-foot Dallas facility that employs 80 people who work... (Read more)
: Distribution | |

Spirit Electronics president broke the gender barrier in business

“One” can certainly be a lonely number — especially if it’s the 1970s, and you’re Vickie Wessel, the only woman sales rep in a sea of men attending a manufacturer’s annual meeting. “It would be a combination of their sales... (Read more)
: Distribution | |

Celestica Honors Sisense

New York, N.Y. — Sisense today announced it has been recognized as an honoree in the 2014 Total Cost of Ownership (TCOO™) Supplier Award program from Celestica, a global leader in the delivery of end-to-end product lifecycle solutions. Celestica’s awards program... (Read more)
: EMS | |

TTI Passives Performance Wins Vishay Award

TTI has been named “2014 Passives Distributor of the Year” by Vishay Intertechnology. The award recognises outstanding performance using the criteria of sales growth, demand creation, field operation and inventory management throughout the year. On presenting the award, Philippe Masson,... (Read more)
: Distribution, Manufacturers | | |

RS Increases Alpha Wire Stock

Beijing – In total, RS supports over 3,000 product lines from leading global cable manufacturer Alpha Wire. Among Alpha Wire distributors, RS holds the widest product range and has now established an intelligent pro-active program to maximise support for all... (Read more)
: Distribution, Materials | |

Anixter To Buy HD Supply’s Power Unit For $825M

In a major news regarding two of Industrial Distribution’s largest Big 50 List companies, HD Supply and Anixter International announced Wednesday an agreement for Anixter to acquire HD Supply’s Power Solutions segment for a price of $825 million. Expected to close... (Read more)
: Distribution | |

“Distribution Excellence Award” presented to Silica Team

Poing, Germany – Silica, an Avnet, Inc. (NYSE: AVT) company, has been commended by Maxim Integrated Products, Inc. with a Distribution Excellence Award during a partner conference in Munich. Silica received the award for significantly exceeding the target for Design... (Read more)
: Distribution | |

The IoT and the Supply Chain

The Internet of Things market is set to have a considerable impact on the electronics supply chain, affecting everything from purchasing to design to the plant floor. It will play out in different ways for each party, but industry watchers... (Read more)
: Distribution, Telecom | |

Building a Right-Shoring Strategy: A Holistic Approach to High-Tech Supply Chain

For high-tech manufacturers, the name of the game is flexibility. This is a fast-moving industry where the winners are fast and nimble. Winning organizations are innovative, and they get their products to market quickly. The latter part of that equation... (Read more)
: Articles, EMS | |

element14 adds Super 12 portfolio from Vishay

element14 has expanded its portfolio of passives and semiconductors from Vishay Intertechnology, a world leader in discrete semiconductors; including diodes and MOSFETs, and passive electronic components; resistors, inductors and capacitors. The range of components included in the 2015 Super 12... (Read more)
: Distribution, Manufacturers | |

Foxconn’s India Move will Ripple through Supply Chain

After two long decades of jealously watching China rise to become the world’s No. 2 economy, India appears to be finally getting the attention of electronics manufacturers and may be on the cusp of benefitting from OEMs’ unceasing search for... (Read more)
: EMS | |

Top Ten Electronics Distributors of 2014/15

The slowly recovering global economy has finally reached the largest European distribution market for electronic components, Germany. While the DTAM declined in 2013 with 1.4 percent, 2014 showed a growth of 7 percent (reaching EUR 4.4 billion). Falling oil prices,... (Read more)
: Distribution | |

Jabil to Expand Vietnam Operation

Jabil Circuit, Inc. (JBL), a global provider of design, engineering manufacturing and supply chain solutions, has signed a memorandum of understanding (MOU) with the management board of Saigon Hi-Tech Park in Vietnam. The agreement will allow the company to expand... (Read more)
: EMS | |

Flextronics’ New Visual Supply Chain Display

Something a little different for our graphic of the week this time. Most of us have probably heard of the concept of the “visual supply chain,” or something of that nature, but contract manufacturer Flextronics is taking that to a... (Read more)
: EMS | |

Foxconn plans to build 10-12 plants in India in 5 years

The Foxconn Group plans to establish 10-12 plants to create over one million job opportunities in India before 2020, according to chairman Terry Gou. The rise of the domestic market and clients’ demand for local production in India, including Apple,... (Read more)
: EMS | |

Delta Electronics sees June revenues rise

Delta Electronics has reported consolidated revenues of NT$17.052 billion (US$550.01 million) for June 2015, representing a 5.5% increase on month and 5.02% increase on year. The company has totaled NT$91.935 billion in year-to-date revenues, up 1.42% compared with the same... (Read more)
: EMS, Power | |

Taiwan’s Foxconn plans to invest in Czech Republic

Taiwanese electronics supplier Foxconn plans to invest “billions” of crowns in the Czech Republic, the country’s industry ministry said on Monday. Foxconn’s investment should include a research and design centre, its only such facility in Europe, the ministry said. It... (Read more)
: EMS | |

Plexus Provides Preliminary Fiscal Q3 2015 Results

NEENAH, WI – July 13, 2015 – Plexus PLXS today announced preliminary results for its fiscal third quarter ended July 4, 2015. Plexus expects to report fiscal third quarter revenue of approximately $670 million and diluted earnings per share in... (Read more)
: EMS | |

EBV’s knowledge magazine The Quintessence wins awards

POING, Germany: Forum Corporate Publishing (FCP) awarded EBV Elektronik’s knowledge magazine The Quintessence its Best of Corporate Publishing Award on June 18th 2015. The prize is only one of three honours that the magazine has received to date. In addition... (Read more)
: Distribution | |

Compal ships 3.9 million notebooks in June

Compal Electronics has revealed that it shipped 3.9 million notebooks in June, up from 3.1 million units in May, and it shipped 9.6 million units in the second quarter, growing 3.2% on quarter,. It said it shipped 18.9 million units... (Read more)
: Data, EMS, ODM | |