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Arrow Electronics, Inc. (NYSE: ARW) is a global provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. With a robust portfolio that spans the world's most critical technologies, Arrow Electronics supports everything from automotive systems to everyday household gadgets. The company leverages its extensive network of suppliers and industry expertise to help businesses innovate, accelerate their time to market, and boost their competitiveness.
Founded in 1935 and headquartered in Centennial, Colorado, Arrow Electronics is a Fortune 150 company that reported sales of $33 billion in 2023. The firm employs approximately 17,000 people across more than 460 locations in 56 countries. Arrow operates through two main business segments: the Components Business and Enterprise Computing Solutions.
Arrow Electronics has earned a reputation for being a forward-thinking company, often collaborating with leading technology manufacturers to design and source the next generation of products. Their commitment to innovation is evident in their partnerships and initiatives, such as sponsoring the FIRST® Robotics Competitions and supporting STEM education programs worldwide. In 2024, Arrow continued its tradition of fostering the next generation of engineers by organizing several events, including the Colorado Regional FIRST® Robotics Competition.
Arrow also prioritizes sustainability and social responsibility. The company's 2023 ESG Report outlines its efforts and goals in environmental, social, and governance aspects, reaffirming its commitment to acting on global challenges. By integrating ESG principles into its daily operations, Arrow aims to not only achieve business objectives but also create a positive impact on the communities it serves.
Recently, Arrow teamed up with the Colorado Rockies to support youth initiatives in the Denver area, demonstrating its dedication to community engagement. This collaboration included honoring the nonprofit organization A Precious Child during the opening day of the 2024 Major League Baseball season, further showcasing Arrow’s commitment to societal welfare.
For those looking to stay updated on Arrow Electronics' latest news and developments, the company continues to be a focal point of innovation and growth in the technology sector. Learn more at arrow.com.
Richardson RFPD, a subsidiary of Arrow Electronics (NYSE:ARW), has signed a franchise agreement with Murata Electronics Europe B.V., expanding its distribution capabilities in Europe, the Middle East, and Africa. This agreement designates Richardson RFPD as an authorized distributor for all Murata products in these regions. With this partnership, Richardson RFPD aims to enhance its product offerings significantly, particularly in sectors like RF, wireless, and IoT applications. The collaboration is expected to improve demand creation strategies, aligning well with market needs. As a leading distributor in RF, wireless, and power technologies, Richardson RFPD will leverage Murata's advanced electronic solutions to better serve its customers.
Arrow Electronics, Inc. (NYSE:ARW) will hold a conference call on May 4, 2023, at 1:00 PM ET to discuss its first-quarter 2023 financial results. Investors can register for the call here. The call will also be available via a live webcast. A replay of the webcast will be accessible shortly after the call at investor.arrow.com for one year.
In 2022, Arrow generated $37 billion in sales, supporting over 210,000 technology manufacturers and service providers with innovative solutions.
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