SAN JOSE – May sales of semiconductors worldwide declined 0.5% sequentially to $18.05 billion, the Semiconductor Industry Association reported today. SIA cited a drop in DRAM prices as a major factor.
May sales were up 4.1% year-over-year.
PHOENIX – Avnet Inc. has completed its acquisition of Memec, a distributor of semiconductors.
"This acquisition is significant for so many reasons," said Harley Feldberg, president of Avnet EM. "The acquisition allows us to provide a more balanced mix of these services to our customers regardless of location."
The deal, which closed July 1, includes EKRA’s divisions in Asia and the