Avnet EMG signs distributor agreement with NEC Electronics Inc.CULVER CITY Culver City, city (1990 pop. 38,793), Los Angeles co., S Calif., a residential suburb of Los Angeles; inc. 1917. It is a center of the U.S. motion-picture industry, whose roots in the city date to c.1915. Its chief manufactures are rubber products and computers. , Calif.--(BUSINESS WIRE)--May 24, 1995--Avnet's Electronic Marketing Group (EMG EMG abbr. electromyogram Electromyography (EMG) A diagnostic test that records the electrical activity of muscles. ) has signed a distributor agreement with NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. Electronics Inc. to distribute its line of Thin Film Transistor (TFT (Thin Film Transistor) The term typically refers to active matrix screens on laptop computers. Active matrix LCD provides a sharper screen display and broader viewing angle than does passive matrix. See LCD and thin film. TFT - Thin Film transistor ) Active Matrix Liquid Crystal Display liquid crystal display (LCD) Optoelectronic device used in displays for watches, calculators, notebook computers, and other electronic devices. Current passed through specific portions of the liquid crystal solution causes the crystals to align, blocking the passage of light. (LCD) products in North America. Effective immediately, these products will be distributed through Avnet EMG's Hamilton Hallmark, Time Electronics and Allied Electronics companies. "NEC is an established leader in manufacturing display technology," said Roy Vallee, vice chairman, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Avnet Inc. "We recognize the growing demand for high-quality, off-the-shelf LCD products in the marketplace, and feel our agreement with NEC will complement Avnet EMG's franchise portfolio." TFT Active Matrix LCDs are used in computer applications such as laptop and notebook PCs; instrumentation and control applications such as security systems, flight simulators and GPS navigation equipment; office automation products; and consumer and entertainment electronics. TFT Active Matrix LCDs offer higher contrast, quicker response time, more display colors and wider viewing angles than other LCD technologies currently available on the market. In 1995, the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. market for TFT Active Matrix LCDs is estimated to exceed $1.6 billion. "NEC is committed to rapidly expanding its TFT Active Matrix LCD business in the United States," said Al Rickling, associate vice president, electron components, NEC Electronics Inc. "Now, with NEC's TFT products available through Avnet's Electronic Marketing Group, TFT customers will benefit from their world-class service and support." NEC Electronics, with headquarters in Mountain View, Calif., manufactures and markets an extensive line of electronic products, including ASICs, microprocessors and microcontrollers, digital signal processors (DSPs), memories and components, including active-matrix LCDs. The company operates a 676,000-square-foot manufacturing facility in Roseville, Calif. NEC Electronics is an affiliate of NEC Corp. (NIPNY), a $35 billion international manufacturer of computer, communications and semiconductor products. Avnet EMG is the largest operating group of Avnet Inc., a Fortune 500 company listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. with sales exceeding $3.5 billion. Avnet's EMG consists of Hamilton Hallmark, Avnet Computer Group, Time Electronics, Allied Electronics, Penstock Inc. and Avnet Europe. The group markets, inventories and adds value to the products of the most prestigious electronic components and equipment manufacturers. CONTACT: Avnet Inc., Culver City Mark Wood, 310/558-2708 or NEC Electronics Inc., Mountain View Nikki Tanis, 415/965-6620 |
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