Arrow Electronics Named ON Semiconductor’s Global Distributor of the Year
February 20 2017 - 12:00PM
Business Wire
Arrow Electronics, Inc. (NYSE: ARW) was awarded both “Global
Distributor of the Year” and “Americas Distributor of the Year” by
ON Semiconductor earlier this month.
ON Semiconductor’s annual awards honor the distributor in each
region that led overall channel sales, grew market share, captured
increased sales of products from acquisitions and scored highly on
overall process execution.
“Distribution sales accounted for approximately 60 percent of ON
Semiconductor’s 2016 annual revenues, compared to 45 percent in
2015,” said Jeff Thomson, vice president of global channel sales
for ON Semiconductor. “The support of our worldwide distribution
partners, like Arrow, is fundamental to the success of ON
Semiconductor’s ongoing plans to increase market penetration and
grow revenue at a faster pace than the industry.”
“These two awards are a testament to Arrow’s ability to drive
sales growth and market expansion for our suppliers and customers
around the world,” said David West, vice president of semiconductor
marketing for Arrow. “Arrow Electronics is honored by this
recognition, and we look forward to continuing our productive
collaboration with ON Semiconductor.”
About Arrow Electronics
Arrow Electronics is a global provider of products, services and
solutions to industrial and commercial users of electronic
components and enterprise computing solutions. Arrow serves as a
supply channel partner for more than 125,000 original equipment
manufacturers, contract manufacturers and commercial customers
through a global network of more than 465 locations serving over 90
countries. Learn more at fiveyearsout.com.
About ON Semiconductor
ON Semiconductor is driving energy-efficient innovations,
empowering customers to reduce global energy use. The company is a
leading supplier of semiconductor-based solutions, offering a
comprehensive portfolio of energy-efficient power management,
analog, sensors, logic, timing, connectivity, discrete, SoC and
custom devices. The company’s products help engineers solve their
unique design challenges in automotive, communications,
computing, consumer, industrial, medical, aerospace and defense
applications. ON Semiconductor operates a responsive, reliable,
world-class supply chain and quality program, a robust compliance
and ethics program, and a network of manufacturing facilities,
sales offices and design centers in key markets throughout North
America, Europe and the Asia Pacific regions. For more information,
visit http://www.onsemi.com.
ON Semiconductor and the ON Semiconductor logo are registered
trademarks of Semiconductor Components Industries, LLC. All other
brand and product names appearing in this document are registered
trademarks or trademarks of their respective holders. Although the
company references its website in this news release, information on
the website is not to be incorporated herein.
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version on businesswire.com: http://www.businesswire.com/news/home/20170220005453/en/
Arrow ElectronicsMeghan Macdonald, 303-882-8610
(Americas)mmacdonald@arrow.comorThorsten Hecking, +49610250308638
(EMEA)thecking@arroweurope.comorGrace Kung, +852 2484 2682
(Asia-Pacific)grace.kung@arrowasia.com
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