This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at email@example.com or call 800-767-3771 ext. 9339.
The forum will provide on-demand technical training from nearly 20 industry-leading power technology suppliers.
With the help of 40 in-depth technical webinars, the attendees will be provided a practical look at innovative products, market trends and design techniques. The event, to be held on September 21, 2011, will be free of cost.
Furthermore, a wide range of power electronics design topics will be presented by Avnet’s technical experts and supplier partners during the Power Forum.
By combining, Electronics Marketing’s in-house technical expertise and industry leading supplier partners, Avnet will equip customers with educational opportunities that will accelerate their time to market. This will also help design engineers in creating enduring power solutions.
The Electronics Marketing segment distributes semiconductors and Interconnect, passive and electromechanical devices (IP&E), and provides supply chain management, inventory replenishment system and non-complex engineering design services.
During the fourth quarter of fiscal 2011, the Electronics Marketing segment reported revenues of $3.96 billion, up 26.8% y/y. Pro forma revenue grew 11.8% year over year.
At the end of the quarter, book-to-bill ratio was below one as concerns of supply chain disruptions related to the earthquake in Japan have normalized. The customers are also apprehensive about placing new orders, due to the sluggish economic growth.
We currently have a Neutral recommendation on Avnet. The stock currently carries a Zacks #4 Rank, which translates into a short-term rating of Sell.
Please login to Zacks.com or register to post a comment.