Avnet Electronics Marketing Asia Receives Top Ratings from Chinese Electronics Manufacturers; Survey Shows International Distributors Gaining Ground among Chinese OEM/ODM/EMS Companies.HONG KONG -- Avnet Electronics Marketing Asia, a leading distributor of electronic components and a division of Avnet Inc. (NYSE: AVT), has scored top ratings in an independent survey of Chinese manufacturers of electronic products. Avnet is one of the highest ranked distributors in the categories of logistics, product quality, reputation, service flexibility and online trading -- attributes indicated to be of great importance to manufacturers in China, the survey confirmed. "The survey shows that we are making great progress in winning over the domestic Chinese manufacturer to the advantages an international franchised distributor like Avnet can offer," said Stephen Wong, president of Avnet Electronics Marketing Asia. "We are very proud that our customers in China are seeing the benefits in scope and scale that we can bring to their business." Conducted by CMP Media's Electronics Supply & Manufacturing China magazine, the survey highlighted results from 594 Chinese electronics manufacturers. Respondents included corporate and general management, and purchasing and procurement managers who buy an average of US$31 million of components, which is nearly double the average spend of the previous year, the survey said. Respondents to the survey are manufacturers of all types of end products, including communication systems, consumer electronics and appliances, computer peripherals, control, security, test and medical instrumentation, automotive products, avionics and military equipment. Comparing survey results from this year to last shows a 10 percent increase in the percentage of Chinese companies that import more than half of their electronic components used in manufacturing; and for the first time, the percentage of respondents that prefer international distributors was slightly higher than those that prefer domestic distributors. Avnet Electronics Marketing Asia is part of the largest operating group of Phoenix-based Avnet Inc., a Fortune 500 company with fiscal 2004 sales exceeding $10 billion, and one of the world's largest technology marketing, distribution and services companies. Avnet Electronics Marketing has a significant presence in Asia-Pacific -- the fastest-growing electronics market in the world. One of the largest distributors of semiconductors, interconnect, passive and electromechanical components in Asia, Avnet Electronics Marketing - Asia is headquartered in Singapore with a presence in 10 countries and more than 40 sales offices in the region. Avnet EM's three operating companies in China -- Avnet Sunrise Ltd., Avnet Technology Hong Kong Ltd. and ChinaTronic Technology Ltd. -- operate with distinct line cards and value propositions, with 22 branch offices in all major locations including two design centers (Hong Kong and Shenzhen) and four distribution centers (Hong Kong, Shenzhen, Shanghai and Tianjin). Avnet is the only distributor equipped with the global resources and local presence to serve the fast growing markets in China and Hong Kong. |
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