AVT 📈 Avnet - Overview

Avnet, Inc. is a leading distributor of electronic component technology, operating through two primary segments: Electronic Components and Farnell. The Electronic Components segment is responsible for marketing, selling, and distributing a wide range of products, including semiconductors, interconnect, passive, and electromechanical components, as well as other integrated components sourced from prominent electronic component manufacturers. This segment also provides design chain support, offering engineers technical design solutions, engineering and technical resources, and supply chain solutions that cater to the needs of original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers.

The company's Electronic Components segment further extends its offerings to include embedded solutions, such as technical design, integration, and assembly of embedded products, systems, and solutions. Additionally, it provides embedded display solutions, including touch and passive displays, and develops and manufactures standard board and industrial subsystems, as well as application-specific devices tailored to meet specific customer requirements. This segment serves a diverse range of markets, including automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing, demonstrating the company's ability to adapt to various industry needs.

The Farnell segment, on the other hand, focuses on distributing kits, tools, and electronic and industrial automation components, as well as test and measurement products, primarily targeting engineers and entrepreneurs. With operations spanning the Americas, Europe, the Middle East, Africa, and Asia, Avnet, Inc. has established a global presence, facilitating access to its products and services for a broad customer base. Founded in 1921 and headquartered in Phoenix, Arizona, Avnet, Inc. has evolved into a prominent player in the technology distribution sector, with its common stock listed under the ISIN US0538071038 and classified under the GICS Sub Industry of Technology Distributors.

Avnet, Inc.'s extensive range of products and services, combined with its global reach and long history, positions the company as a key partner for businesses seeking electronic component technology solutions. Through its website, https://www.avnet.com, the company provides easy access to its offerings, further enhancing its ability to support the diverse needs of its customers across various industries and regions. By leveraging its expertise and resources, Avnet, Inc. aims to deliver value-driven solutions that enable its customers to succeed in an increasingly complex and interconnected technological landscape.