Avnet extends partnership with Samtec to include Asia

Avnet fiscal results for Q4 2020 were $4.2bn, compared to $4.7 in Q4 2019; whereas yearly sales dropped to $17.6bn, from $19.5bn in 2019.

Avnet has extended its distribution agreement with Samtec, a global manufacturer of a broad line of electronic interconnect solutions. The broadened partnership allows Avnet customers in Asia Pacific and Japan access to Samtec’s full product portfolio. Whilst Samtec benefits from combining its technical and supply chain solutions to shorten development time from prototype to production.

This adds to the existing franchise in the Americas, Europe, and select Asia Pacific locations enabling the businesses to support customers globally. Avnet will look to leverage Samtec’s service, products, technologies and design tools to support its interconnectivity needs.

“In today’s design anywhere, build anywhere world, the ability to extend our line card for our global customers is critical to helping them take their ideas from design to prototype to production,” said Vince Arena, director global supplier management, Avnet. “This global franchise will further offer our customers in Asia and across the world the interconnect solutions they need to take their ideas to market.”

Source: Avnet