30-Year Partnership: Avnet and Murata Celebrate Milestone in Electronics Industry
The partnership between Avnet Electronics Marketing and Murata Manufacturing Company, Ltd. marked a significant milestone in 1980, when history was being made with the inauguration of Ronald Reagan as the 40th President of the United States, the release of Hewlett-Packard's first personal computer, and the launch of the Cable News Network (CNN). This strategic alliance has provided the electronics industry with an extensive line of discrete components, with Murata's capacitors, thermistors, resistors, and resonators being used in a wide range of consumer products.
Key Takeaways:
- The partnership between Avnet Electronics Marketing and Murata Manufacturing Company, Ltd. has spanned 30 years, a testament to the companies' commitment to innovation and customer satisfaction.
- Ed Smith, president of Avnet Electronics Marketing Americas, stated that the unique combination of Avnet's support capabilities and Murata's diverse line of products has helped customers minimize design times and accelerate time to market.
- Tony Coalson, senior vice president of sales and marketing for Murata Electronics North America, emphasized the importance of the partnership in driving innovations fueled by Murata's products and propelling the company to the forefront of the marketplace.
- Avnet Electronics Marketing serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in more than 70 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services.
- Avnet, Inc. generated revenue of $16.23 billion for the fiscal year ended June 27, 2009, solidifying its position as a Fortune 500 company.
Statistics:
- The partnership between Avnet Electronics Marketing and Murata Manufacturing Company, Ltd. has lasted for 30 years, providing the electronics industry with a diverse line of discrete components.
- Avnet serves electronic/original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in more than 70 countries.
- Avnet, Inc. generated revenue of $16.23 billion for the fiscal year ended June 27, 2009.
- The partnership between Avnet and Murata has helped propel Murata's company into the forefront of the marketplace, driving greater innovations fueled by Murata's products.
Sources:
- Avnet Electronics Marketing Web site, www.em.avnet.com
- Avnet, Inc. Web site, www.avnet.com
- Electronics Newsweekly editors from staff and other reports
- "Avnet Electronics Marketing and Murata Manufacturing Celebrate 30-Year Partnership" article, published on VerticalNews.com in 2010.