AVNET

About AVNET

AVNET, Inc., established in 1921, is a global leader in the distribution and supply chain management of electronic components and embedded solutions. Headquartered in Phoenix, Arizona, AVNET has evolved from a small components supplier into a broad-based technology solutions provider that supports customers at each stage of a product’s lifecycle.

AVNET's extensive portfolio spans a wide range of electronic components, including semiconductors, interconnect, passive and electromechanical components, and embedded products. The company's network of trusted suppliers includes leading global manufacturers, enabling AVNET to offer the latest technologies and provide a competitive edge for its customers.

The company operates through two main business segments: Electronic Components and Farnell. The Electronic Components segment is the core of AVNET's operations, distributing electronic components and offering design, engineering, marketing, and supply chain services to its customer base. This segment caters to a diverse range of industries such as automotive, communications, computing, industrial, and medical.

Farnell, on the other hand, specializes in the distribution of electronic components and related products for the engineering community. It operates primarily in Europe, offering a broad range of products, services, and solutions to support electronic design engineers in the development and production phases of their projects.

AVNET's commitment to helping customers navigate the complexities of bringing products to market is evident in its suite of comprehensive services. These include design and supply chain services, which help customers accelerate time to market, optimize inventory levels, and reduce overall costs. AVNET also offers a variety of online resources, tools, and communities such as Hackster.io and element14 to support the development and growth of the technology and maker communities.

Innovation is at the heart of AVNET's strategy. The company invests in emerging technologies such as IoT, AI, and 5G, ensuring that it remains at the forefront of technological advancements and can meet the evolving needs of its customers. AVNET's IoTConnect platform, for example, provides scalable IoT solutions that enable customers to build smart, connected products and applications efficiently.

Sustainability is another key focus area for AVNET. The company is dedicated to responsible operations, striving to minimize its environmental impact and promote ethical practices across its supply chain. AVNET's sustainability initiatives include reducing waste, conserving energy, and ensuring compliance with environmental regulations.

Through its global presence, AVNET serves customers in over 140 countries, making it one of the largest distributors of electronic components and technology solutions worldwide. With a rich history spanning over a century, AVNET continues to build on its legacy of innovation and service excellence, driving the future of technology and distribution.