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Sales in both its Electronic Components and Farnell business units declined by double digits.
Search Results for: avnet
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The company appointed a 25-year industry veteran to the newly-created role.
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Sales sequentially decelerated in 4Q during what the company cited as challenging market conditions.
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Avent introduces a new product brand, and Tria Technologies, a business unit aimed at consolidating compute design and manufacturing.
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With 30 years of experience in the semiconductor industry, Rebeca Obregon was tapped to lead the electronics components distributor Farnell.
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Sales sequentially decelerated further amid what the company cited as economic softness and lower market demand.
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October-December Avnet sales fell 5.5% year-over-year in the Americas.
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The rankings feature awards companies for their ESG efforts and supporting their local communities.
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Avnet's third annual Insights Survey revealed engineers' growing optimism about supply chain conditions, but uncertainty about demand.
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The tool aims to help engineers create designs faster by giving them visibility into available products and the knowledge to put them to use.
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