In its latest earnings results, Avnet reported another strong quarter of steady improvements across many parts of the business despite top-line challenges presented by the macro environment. Distribution arm, Avnet Technology Solutions, reported improved profitability. In Asia, where there was an increased emphasis on returns for Avnet, pro forma revenue for Avnet Technology Solutions increased and operating income was up.
Tag Archive: avnet ts apac
An interview with William Chu, President, Avnet Technology Solutions, Asia Pacific.
In this video, William shares about his strategic priorities in the APAC region, which are mainly looking at the returns of Avnet investments, how these investments are being operationalised, and to achieve more synergies across the different businesses.
William also talks about Avnet Technology Solutions’ expansion based on the past 6 years of successful M&As. He went on to further point out that the company would not hesitate to exercise its M&A... View Article
An interview with William Chu, Vice President, General Manager, ASEAN
Avnet Technology Solutions Asia Pacific reported consistent growth during the first three quarters of fiscal year 2011. Avnet’s success in APAC received a boost with the recent expansion in ASEAN through strategic acquisitions in Indonesia and Vietnam. Avnet continued to see progress in the said M&A investments as Avnet applied value-based management discipline and grow the businesses.
In this video, William narrates how Avnet’s acquisition strategy during the 2009 economic downturn... View Article
Our recent acquisition of itX group in Australia has given Avnet a significant portfolio of software and IT solutions and strengthened our position as the leading IT distribution and services provider.
Avnet commemorated its 50th anniversary as a publicly traded company on the New York Stock Exchange (NYSE) by ringing The Closing Bell on Wednesday, December 15, 2010.