THIEF RIVER FALLS, MN – Electronic components distributor Digi-Key Corp. surpassed $1.5 billion in global sales for the first time last year, generating $500 million in the fourth quarter alone. The record-setting total represents a 64% year-over-year sales increase.
The largest annual sales gains were in Europe (120%), Africa (118%), Asia-Pacific (115%), and the Middle East (78%).
The company is projected to reach nearly $1.8 billion in worldwide sales for 2011.
KURESSAARE, ESTONIA -- Electronics manufacturers in the Baltic republic of Estonia are sounding positive notes for 2011.
LOUISVILLE, KY -- Sypris Solutions today reported fourth-quarter revenue at its Electronics Group fell 24% from last year to $19.5 million.
SHENZHEN -- SinoHub reported fourth-quarter net income rose 95% to $7.2 million for the period ended Dec. 31.
OLATHE, KS -- Elecsys reported Electronic Design and Manufacturing Services segment sales rose 40% year-over-year to $3.64 million for the three-month period ended Jan. 31.
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EL SEGUNDO, CA -- Last Friday's earthquake won't have a major impact on Japan’s semiconductor production facilities, but will likely disrupt the supply chain.
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