Distribution sales account for more than half of ON Semiconductor's 2019 revenue
ON Semiconductor recently announced its top distribution partners for 2019. These awards honor the distributor in each region that led channel sales, grew market share, captured increased sales of products and scored highly on overall process excellence in an evolving semiconductor market.
The top 2019 distribution partners are:
- Americas: Avnet EM
- APAC: Macnica
- EMEA: Avnet Silica
- Japan: Ryosan
- Global High Service Distributor: Digi-Key Electronics
- Global Distributor: Avnet EM
According to ON Semiconductor, approximately 60 percent of the company’s business results from distribution sales, and distribution remains the fastest channel to market. Over the past few years, ON Semiconductor has continued to grow distribution sales, most notably when the company reached $1 billion in distribution resales in Q3 2018.
“At the end of 2019, we reported that distribution sales accounted for more than half of ON Semiconductor’s 2019 annual revenues,” said Jeff Thomson, senior vice president of global channel sales for ON Semiconductor. “On behalf of the organization, I want to thank our excellent channel partners for their contributions in 2019. Each of these winners successfully grew product sales, generated significant new business and effectively supported customer needs while keeping our company initiatives for operational excellence at the forefront. The support of our worldwide distribution partners is essential as we continue to increase market penetration, revenue growth and achieve overall success of the company.”
The article is originally written by @SemiMediaEdit posted on SemiMedia. All rights reserved.