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(Full text of a statement. Contact details follow below.)
SINGAPORE, July 3 /Xinhua-PRNewswire-AsiaNet/ -- Avnet Electronics Marketing Asia Grows Texas Instruments Sales by More than 50 percent to Exceed US$100 million in 2005
Avnet Electronics Marketing Asia, an operating group of Avnet, Inc. (NYSE: AVT), has added another award to its list of industry accolades. The organization received the Gold Regional Resale Award for 2005 from Texas Instruments (TI), the world leader in digital signal processing and analog semiconductor solutions.
The award, presented at the TI Asia Distribution Conference, signifies that Avnet Asia has surpassed a significant TI sales milestone by growing TI sales more than 50 percent to exceed US$100M in 2005.
"Avnet Electronics Marketing Asia has played a significant role in boosting sales and taking a greater share of the booming market in the region," said TI Asia President Mr. Terry Cheng. "Today, TI is in good shape because its core competence in DSP and High Performance Analog (HPA) is well proven to be the key driving force in the coming communication and entertainment era. By leveraging the sales and technical supports from the distributors and other third parties resources, TI aims to provide the best-in-class service to the customers and enable them to deliver more innovative applications timely and cost effectively. We always believe customers' success is our success."
In addition, Avnet Electronics Marketing Asia received other two awards at the TI Asia Distribution Conference. Ramamurthy Chandran from Avnet India, was recognized as the Best Product Manager in the sub-region designated as Rest of Asia (ROA). The Avnet Electronics Marketing China Team 2 also received special recognition for extraordinary resale growth in the area of High Performance Analog solutions.
Accepting the award on behalf of Avnet Electronics Marketing Asia, Stephen Wong, president of Asia Pacific, pointed out that the success was very much a team effort. "We are thrilled to receive these awards, and I am especially proud of the contributions of Ramamurthy Chandran and the Avnet China Team who received particular mention. I think it ...