ON Semiconductor Names Future Electronics as Top Global Distribution Partner for 2020

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Montreal, Canada – ON Semiconductor, driving energy efficient innovations, recently announced its top distribution partners for 2020. The Americas, EMEA, APAC and Global Distributor honors were awarded to Future Electronics.

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.

“We are incredibly honored by this recognition by one of our largest partners worldwide. The year 2020 was a challenging one for our industry, so we take great pride in performing alongside ON Semiconductor across all 3 main geographies as well as on a global basis,” said Karim Yasmine, Corporate Vice President of Strategic Supplier Development for Future Electronics. “Our execution and focus on mass market customer expansion, inventory investment, and demand creation excellence enabled us to grow significantly in a very challenging environment. We look forward to continued success promoting, designing and selling ON Semiconductor’s focus technologies in our growing customer base.”

“This is the first time since the introduction of this annual award that a channel partner won in the Americas, EMEA, APAC and globally,” said Jeff Thomson, Senior Vice President of Global Channel Sales for ON Semiconductor. “I would like to congratulate Future Electronics on this outstanding achievement.”

ON Semiconductor is an industry leader in leveraging partnerships in the global distribution channel, with a top 10 supplier ranking within all channel partners globally. About 64% of the company’s business results from distribution sales.

“On behalf of the organization, I want to thank our excellent channel partners for their contributions in 2020,” said Thomson. “Each of the award 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.”

About Future Electronics
Future Electronics is a global leader in electronics distribution, recognized for providing customers with global supply chain solutions, custom-tailored engineering services and a very extensive variety of electronic components. Founded by Robert G. Miller in 1968, Future Electronics believes its 5000 employees are its greatest asset, with 170 offices in 44 countries. Future Electronics is globally integrated, with a unified IT infrastructure that delivers real-time inventory availability and access to customers. With the highest level of service, the most advanced engineering capabilities, and the largest available-to-sell inventory in the world, Future’s mission is always to Delight the Customer®. For more information, visit www.FutureElectronics.com.

About ON Semiconductor
ON Semiconductor (Nasdaq: ON) is driving energy efficient innovations, empowering customers to reduce global energy use. The company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy efficient power management, analog, sensors, logic, timing, connectivity, discrete, SoC and custom devices. The company’s products help engineers solve their unique design challenges in automotive, communications, computing, consumer, industrial, medical, aerospace and defense applications. ON Semiconductor operates a responsive, reliable, world-class supply chain and quality program, a robust compliance and ethics program, and a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe and the Asia Pacific regions. For more information, visit www.onsemi.com.

Future Electronics Media Contact
Claudio Caporicci
Global Director Marketing Communications & Advertising
514-694-7710
Claudio.Caporicci@FutureElectronics.com

Future Electronics Named ON Semiconductor’s 2018 Top Distribution Partner for the Americas

Montreal, Canada – April 16, 2019 – Future Electronics, a global leading distributor of electronic components, was recently awarded 2018 Top Distribution Partner for the Americas by ON Semiconductor, a leading supplier of semiconductor-based solutions.

“Future Electronics is being recognized in the Americas region for successfully growing product sales and generating significant new business,” said Jeff Thomson, ON Semiconductor’s Vice President of Global Channel Sales. “Future effectively supported both our customers’ needs and our company initiatives for operational excellence.”

ON Semiconductor has enjoyed significant growth in distribution sales, which have accounted for over half of the company’s revenue since 2015, and over 60% of revenue in 2018. In the third quarter of 2018, ON Semiconductor reached a tremendous milestone, breaking $1 billion in distribution resales. “The support of our worldwide distribution partners is fundamental to the success of our company,” Thomson said.

“Future Electronics is honored to receive this prestigious award from ON Semiconductor, our valued partner and an important industry leader,” said Karim Yasmine, Future Electronics Corporate Vice President. “Future Electronics’ mission is to delight our customers and suppliers, and we are very grateful to be recognized for our efforts.”

For more information about Future Electronics, visit www.FutureElectronics.com.

About Future Electronics

Future Electronics is a global leader in electronics distribution, recognized for providing customers with global supply chain solutions, custom-tailored engineering services and a comprehensive suite of passives and semiconductor products. Founded by Robert Miller in 1968, Future Electronics has over 5,500 employees and operates in 169 offices in 44 countries around the world. Future Electronics is globally integrated, with a unified IT infrastructure that delivers real-time inventory availability and access to customers. With the highest level of service, the most advanced engineering capabilities, and the largest available-to-sell inventory in the world, Future’s mission is always to Delight the Customer®. For more information, visit: www.FutureElectronics.com.

Media Contact

Martin H. Gordon
Director, Corporate Communications
FUTURE ELECTRONICS
www.FutureElectronics.com

514-694-7710 (ext. 2236)
Fax: 514-630-2671
martin.gordon@FutureElectronics.com