News
MELVILLE, NY – Hungary’s Orion Electronics Ltd. will become Arrow Electronics, Inc.’s third global Value-Add Center, providing product assembly and other support services for the company's North American-based OEM customers.
Electronic components from Arrow suppliers can be transported directly to Orion for product assembly for sale in European markets.
In conjunction with this agreement, Orion is already constructing a 50,000 sq.-ft. logistics center close to Budapest.
STAMFORD, CT – After reviewing the latest WSTS figures for the first quarter of 2007, Gartner Inc. believes that, with the seasonal fall in sales in the second quarter, a more pessimistic outlook for 2007 is warranted.
SHANGHAI – The Eleventh Five-Year Plan for Software Industry Development released by China's Ministry of Information Industry states that the domestic sales of the country's software companies are expected to reach $143 billion in 2010, according to Xinhua.net.
The site also reports that exports for the industry will grow 28% annually to $1.6 billion by 2010. In addition, China will have 10 to 15 major software firms with annual sales of $1.3 billion.
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