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Avnet Receives Semiconductor Distributor of the Year Award From Vishay

Thursday, June 30, 2016 4:00 am MST

Dateline:

PHOENIX & MALVERN, Pa.

Public Company Information:

NYSE:
AVT
NYSE:
VSH
"Earning the Vishay Distributor of the Year award holds special meaning for us. It’s a great reflection of the ongoing, and growing, value that Avnet and Vishay bring to the market"

PHOENIX & MALVERN, Pa.--(BUSINESS WIRE)--Avnet, Inc. (NYSE: AVT), a leading global technology distributor, recently received the Distributor of the Year Award for Semiconductor Products in the Americas from Vishay Intertechnology, Inc. The award was based on sales records for the fiscal year ending March 31. This is the second time in five years that Avnet’s superior sales performance has earned it Distributor of the Year honors from Vishay.

Vishay Intertechnology, a leading manufacturer of passive and discrete semiconductor products, is one of Avnet’s longest running franchise relationships. In 2013, the two companies celebrated their milestone 50th year of doing business together. Vishay signed Avnet as a distributor just one year after the company was formed in 1962 to bring its patented Bulk Metal® foil resistors to market. Today the two companies work to bring Vishay’s state-of-the-art discrete semiconductors, optoelectronics, integrated modules, and passive components to Avnet’s broad customer base around the globe.

“Earning the Vishay Distributor of the Year award holds special meaning for us. It’s a great reflection of the ongoing, and growing, value that Avnet and Vishay bring to the market,” said Ed Smith, president, Avnet Electronics Marketing Americas. “At Avnet, we take pride in the role we play in supporting both the technical and supply chain requirements of our customers and suppliers. Winning this award for a second time in a few short years confirms that strength.”

“Vishay is excited to recognize Avnet Electronics Marketing Americas' semiconductor performance in Y2015,” said Dave Valletta, executive vice president, sales, Vishay. “Avnet’s dedication to providing excellent service, consistent business development and ‘available to sell’ semiconductor inventory is beneficial to Vishay customers.”

For more information on Vishay products available through Avnet in the Americas, please click here.

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About Vishay Intertechnology, Inc.

Vishay Intertechnology, Inc., a Fortune 1000 Company listed on the NYSE (VSH), is one of the world's largest manufacturers of discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors, and capacitors). These components are used in virtually all types of electronic devices and equipment, in the industrial, computing, automotive, consumer, telecommunications, military, aerospace, power supplies, and medical markets. Vishay’s product innovations, successful acquisition strategy, and "one-stop shop" service have made it a global industry leader. Vishay can be found on the Internet at www.vishay.com.

About Avnet, Inc.

From components to cloud and design to disposal, Avnet, Inc. (NYSE:AVT) accelerates the success of customers who build, sell and use technology globally by providing them with a comprehensive portfolio of innovative products, services and solutions. Avnet is a Fortune 500 company with revenues of $27.9 billion for the fiscal year 2015. For more information, visit www.avnet.com.

 

Contact:

Avnet Electronics Marketing
Heidi Elliott, 480-643-7584
Senior Director, Marketing Programs
Heidi.Elliott@avnet.com