STOCK TITAN

Arrow Electronics and Bourns Collaborate to Accelerate Electrification

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Arrow Electronics and Bourns announced a strategic partnership aimed at advancing high-power solutions important for electrification and sustainability initiatives. This collaboration will utilize Bourns' expertise in customized magnetic components and Arrow's newly established High-Power Centre of Excellence in the UK. The partnership targets various net-zero projects, including electric vehicles, renewable energy, and grid infrastructure, by developing high-power designs enhanced by Silicon Carbide (SiC) MOSFETs, Gallium Nitride (GaN), and Pseudomorphic High-Electron-Mobility Transistors (pHEMTs). Challenges such as functional safety, PCB layout, and testing equipment will be addressed, accelerating and de-risking design cycles for customers globally.

Positive
  • Arrow Electronics and Bourns' collaboration strengthens development and proliferation of high-power designs.
  • High-power designs are important for net-zero initiatives like electric vehicles and renewable energy.
  • Partnership leverages Bourns' expertise in customized magnetic components.
  • Arrow's new High-Power Centre of Excellence in the UK supports innovative power electronics products.
  • Collaboration aims to accelerate and de-risk design cycles for customers.
  • Access to world-class engineering teams from Arrow’s eInfochips boosts product planning and lifecycle management.
  • Bourns’ Power Application Laboratory enhances efficiency, reduces heat loss, and optimizes cost.
Negative
  • Challenges in high-power electronics design include lack of power expertise and stringent functional safety requirements.
  • Complexity of intricate PCB layout and necessity for costly testing equipment pose risks.
  • High-power designs are complex and require significant investment in development and testing.

Insights

The collaboration between Arrow Electronics and Bourns represents a meaningful move in the domain of high-power electronics—especially given the industry's current trajectory towards electrification and sustainability. High-power designs are integral to many modern applications, including electric vehicles, renewable energy systems and energy storage solutions. These applications are essential for achieving net-zero carbon goals.

By leveraging Bourns' specialized expertise in customized magnetic components, Arrow can offer a more comprehensive range of solutions, potentially reducing development time and costs for their clients. This partnership will likely enhance the capability to handle high-frequency applications, which are important for efficient energy conversion and reduced heat loss.

The mention of Silicon Carbide (SiC) MOSFETs and Gallium Nitride (GaN) indicates a focus on cutting-edge semiconductor technology. These materials offer superior efficiency and performance compared to traditional silicon components, which could lead to more reliable and efficient high-power systems.

In the short-term, this collaboration could attract new clients seeking advanced high-power solutions, while long-term benefits include strengthened market positioning and enhanced R&D capabilities, thus fostering innovation in energy-efficient technologies.

For investors, the collaboration between Arrow Electronics and Bourns is a promising development. Arrow's recent opening of its High-Power Centre of Excellence in the UK and the partnership with Bourns could translate into increased revenue from high-power solutions, which are in rising demand due to the global push towards sustainability.

The introduction of advanced technologies like SiC MOSFETs and GaN transistors indicates a commitment to leading-edge innovation. Companies that are first to market with such technologies often enjoy a competitive advantage, leading to potential market share gains.

Moreover, this collaboration might reduce development risks for Arrow’s clients, making Arrow a more attractive partner and potentially resulting in long-term contracts and recurring revenue streams. However, the success of this partnership relies on effective integration and execution of joint projects.

In summary, the financial outlook for Arrow Electronics could see a positive uptick, especially as demand for high-power, energy-efficient solutions continues to grow.

CENTENNIAL, Colo. & CORK, Ireland--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE:ARW) and Bourns, Inc., a leading manufacturer and supplier of electronics components for power, protection, and sensing solutions, announced their strategic collaboration to assist customers in the development of high-power solutions, a critical component in advancing electrification and sustainability initiatives.

High-power designs require an extensive amount of customized magnetic components from a knowledgeable supplier experienced in developing solutions for high-frequency applications. Arrow, as part of this collaboration, will leverage Bourns’ expertise in customized magnetic development.

"High-power designs are crucial for successful net-zero initiatives, and we’re thrilled to engage in a strategic collaboration with Bourns to strengthen the development and proliferation of high-power designs. With the two companies’ combined strengths, Arrow and Bourns are able to serve a more diverse and global customer base," said Murdoch Fitzgerald, vice president, global engineering and design services at Arrow Electronics.

High-power designs are increasingly being developed as it plays a pivotal role in achieving energy efficiency. These are essential for various net-zero projects such as electric vehicles, renewable energy, battery storage, grid infrastructure, and other applications. The adoption of high-power designs is further boosted by the development of Silicon Carbide (SiC) MOSFETs and Gallium Nitride (GaN) and Pseudomorphic High-Electron-Mobility Transistors (pHEMTs).

The complexities associated with high-power electronics design, including lack of power expertise, stringent functional safety and reliability requirements, intricate PCB layout, and the necessity for costly testing equipment, pose challenges for innovators. Arrow Electronics has recently opened its High-Power CoE in the UK to address these challenges.

Customers can rely on Arrow’s High-Power Centre of Excellence in Swindon and the Bourns Power Applications Laboratory in Cork, Ireland to deliver innovative and leading-edge power electronics products. Customers will also be able to accelerate and de-risk design cycles, while also gaining access to a world-class engineering team from Arrow’s eInfochips enabling them to plan and manage their product roadmap and lifecycles.

"Our Power Application Laboratory team is excited about our collaboration with Arrow that will help us enhance our mutual customers’ power supply designs by increasing efficiency, reducing heat loss and optimizing cost. The team in Cork has vast experience and expertise in power supply simulation modelling and testing. These capabilities enable them to provide custom magnetic designs that meet designers’ requirements in industry-leading fast turn-around times," said Brian Ahearne, vice president of product and technology at Bourns Power Division.

To learn more about the collaboration, visit Arrow booth #638, hall 9 at PCIM Europe, an international event in power electronics, scheduled in Nuremberg, Germany from 11th to 13th June 2024 or https://www.einfochips.com/arrow-bourns-collaboration/.

About Arrow Electronics

Arrow Electronics guides innovation forward for thousands of leading technology manufacturers and service providers. With 2023 sales of $33 billion, Arrow develops technology solutions that improve business and daily life. Learn more at arrow.com.

About eInfochips

eInfochips, an Arrow Electronics company, is a leading provider of digital transformation and product engineering services. With 500-plus products developed and 40 million deployments in 140 countries, eInfochips continues to fuel technological innovations in multiple verticals. eInfochips accelerates time to market for its customers with its expertise in the areas of cloud, IoT, AI/ML, digital twins, hyper automation and cybersecurity.

About Bourns

Bourns, Inc., is a leading manufacturer and supplier of position and speed sensors, circuit protection solutions, magnetic components, microelectronic modules, panel controls and resistive products. Headquartered in Riverside, Calif., USA, Bourns serves a broad range of markets, including automotive, industrial, consumer, communications, non-critical life support medical (low/medium risk), audio and various other market segments. Additional company and product information is available at www.bourns.com.

Bourns® and the Bourns logo are registered trademarks of Bourns, Inc. and may be used only with the permission of Bourns and proper acknowledgement. Other listed names and brands are trademarks or registered trademarks of their respective owners.

Bourns® products have not been designed for and are not intended for use in "lifesaving," "life-critical" or "life-sustaining" applications nor any other applications where failure or malfunction of the Bourns® product may result in personal injury or death. See Legal Disclaimer Notice www.bourns.com/docs/legal/disclaimer.pdf

Arrow Electronics Contacts:

John Hourigan

Vice President, Public Affairs and Corporate Marketing

corporatecommunications@arrow.com

Bharath Aitha

Vice President, Marketing

bharath.aitha@einfochips.com

Bourns Contacts:

Company Contact: David Scofield - Bourns, Inc.

(951) 781-5054, david.scofield@bourns.com

Source: Arrow Electronics

FAQ

What is the focus of Arrow Electronics and Bourns' collaboration?

The collaboration focuses on advancing high-power solutions for electrification and sustainability initiatives.

What are high-power designs important for?

High-power designs are important for net-zero initiatives including electric vehicles, renewable energy, and grid infrastructure.

Which components are enhanced by the Arrow-Bourns partnership?

The collaboration enhances Silicon Carbide (SiC) MOSFETs, Gallium Nitride (GaN), and Pseudomorphic High-Electron-Mobility Transistors (pHEMTs).

What expertise does Bourns bring to the collaboration with Arrow Electronics?

Bourns brings expertise in customized magnetic components for high-power designs.

What facility did Arrow Electronics recently open to support this collaboration?

Arrow Electronics recently opened a High-Power Centre of Excellence in Swindon, UK.

How will customers benefit from Arrow and Bourns' collaboration?

Customers will benefit by accelerating and de-risking design cycles and gaining access to world-class engineering teams.

What challenges in high-power electronics design does the collaboration aim to address?

The collaboration aims to address challenges such as lack of power expertise, functional safety, intricate PCB layout, and costly testing equipment.

Arrow Electronics, Inc.

NYSE:ARW

ARW Rankings

ARW Latest News

ARW Stock Data

5.98B
52.59M
0.79%
104.84%
4.68%
Electronics & Computer Distribution
Wholesale-electronic Parts & Equipment, Nec
Link
United States of America
CENTENNIAL