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Latest News
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After the uncertainty of the last few years, the semiconductor industry has bounced back with enthusiasm. Not only are manufacturers showing more confidence, but customers are also buying more components than they have for some time. These factors are combining to see global sales of semiconductors booming; sales are likely to be around 30% higher than they were in 2009.
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A year after its creation, interconnect, passives and emech (IP&E) distributor Avnet Abacus – formed from Avnet Time and Abacus – has proved a successful move, according to its president Graham McBeth (pictured).
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Avnet Time has acquired Flint Distribution, the Leicestershire based interconnect, passive and electromechanical (IP&E) product distribution specialist. Flint will be integrated into the Avnet Time organisation and the newly formed business will have annual revenues of €31million.
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