Product category: Capacitors
News Release from: TTI Europe
Edited by the Electronicstalk Editorial Team on 23 November 2006
Passives distribution bucks the trend
TTI Europe is on target to achieve year-on-year growth figures which are more than double that predicted for the industry in general.
TTI Europe, the world's leading authorised specialist distributor of passive, connector and electromechanical components, is on target to achieve year-on-year growth figures which are more than double that predicted for the industry in general More, the company is moving up the top 10 largest European distributor rankings, despite the fact that it only sells low value components, not the high value semiconductor items which account for the majority of all other top 10 distributors' revenues
This article was originally published on Electronicstalk on 18 Oct 2001 at 8.00am (UK)
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"This year, the distribution industry is experiencing solid growth of around 15%", details Glyn Dennehy, TTI's VP Europe.
"We are on track to grow by 35% in revenue terms this year".
"What's more, if we look at our performance over the last three years, we will have achieved a CAGR of 28.9% in a market (passives and e-mech) where the European TAM has only grown by around 3%".