Avnet Technology Solutions Celebrates Five Years in China

BEIJING — 12 December 2013 — Avnet Technology Solutions, a solutions distribution leader and an operating group of Avnet, Inc., (NYSE: AVT), today announced that it is celebrating five years of value-added solutions distribution in China. Staffed by more than 200 dedicated employees, Avnet Technology Solutions, China has sales offices across the country and a manufacturing and integration services centre in Tianjin. Through its business partners, Avnet delivers services, software, hardware and related solutions from the technology industry’s leading companies, including IBM, Oracle, HP and SAP, to the Chinese market.
 
“With the country’s GDP projected to grow 7.5 percent in 2014 and strong support from the government in building the country’s IT infrastructure, China represents a great opportunity for growth to Avnet,” said George Ng, vice president, Avnet Technology Solutions, China. “We remain committed to providing the resources, tools and services needed to help our customers and suppliers take advantage of new opportunities in China.”
 
Avnet Technology Solutions, China, will focus on platform-related offerings, with business analytics, security and cloud as priority solutions for the Chinese market.

”Productivity, a knowledge-based culture, and the ability to draw from Avnet’s global best practices and proven processes will enable us to grow and position the business for long-term success,” Ng added.
 
“Avnet has successfully differentiated itself in China with our value-added distribution model”, said William Chu, president, Avnet Technology Solutions, Asia Pacific. “I am proud of our China team, who have leveraged Avnet’s technical, industry and services expertise to build an ecosystem of highly trained and knowledgeable customers. They serve as extensions of suppliers’ sales forces and drive brand preference.”

To commemorate the anniversary, Avnet held an appreciation dinner on December 6 at the Grand Concordia Hotel for representatives from IBM, Oracle, SAP, HP and Hitachi Data Systems, and other strategic suppliers.

Avnet Technology Solutions, China, was established in 2008. It is headquartered in Beijing with branches in Shanghai and Guangzhou. It also operates in Chengdu, Shenyang, Tianjin, Nanjing, Wuhan, Shenzhen, Chongqing and Xi’an.
 
About Avnet Technology Solutions

As a global IT solutions distributor, Avnet Technology Solutions collaborates with its customers and suppliers to create and deliver services, software and hardware solutions that address the business needs of their end-user customers locally and around the world. The group serves customers and suppliers in North America, Latin America and Caribbean, Asia Pacific, and Europe, Middle East and Africa. It generated US $10.4 billion in annual revenue for fiscal year 2013. Avnet Technology Solutions is an operating group of Avnet, Inc. For more information, visit http://www.ats.avnet.com/
 
About Avnet

Avnet, Inc. (NYSE: AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 29, 2013, Avnet generated revenue of $25.5 billion. For more information, visit www.avnet.com.
 
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Media Contact:
 
Michael Costigan
Vice President, Marketing and Business Innovation, Asia Pacific
Avnet Technology Solutions, Asia Pacific
Phone: 61 2 8877 0751
Email: michael.costigan@avnet.com 
 
EASTWEST PR for Avnet Technology Solutions
Grace Yu / Cheo Hong Shen
Phone: 65 6222 0306
Email: avnet@eastwestpr.com
 

Avnet Key Facts

  • Exchange: NYSE
  • Founded: 1921 (by Charles Avnet)
  • CEO: Bill Amelio
  • Global Headquarters: Phoenix, Arizona
  • Ranked #102 on the FORTUNE 500 in 2016
  • Named to the FORTUNE “World’s Most Admired Companies®” 2016 list, 10th year in a row
  • 100,000+ customers worldwide
  • 18,000+ employees
  • 800+ suppliers
  • 300+ locations

 

Why Choose Avnet?

  • Avnet is an efficient and cost-effective sales and marketing channel helping suppliers reach a broad base of customers
  • Avnet’s state-of-the-art logistics system manage a high volume of transactions and complex information flows to ensure accurate and timely product delivery
  • Avnet is an efficient manager of more than 300,000 unique parts in the technology supply chain
  • Avnet’s value-added solutions for design chain management help customers reduce cycle time and lower costs
  • Avnet’s experienced technical customer support teams ensure the highest quality solutions and product are utilized by the customer