Arrow Electronics Joins Forces with Semiconductor Industry Association to Drive Global Technology Competitiveness
June 25 2020 - 3:30PM
Business Wire
Arrow Electronics, Inc. (NYSE:ARW) today announced it will team
with the Semiconductor Industry Association (SIA) to facilitate
technology innovation and advance related policy initiatives. SIA
is an industry association whose membership represents 95 percent
of U.S. semiconductor industry revenue.
Arrow will be an active partner in SIA’s initiatives, focusing
on technology innovation and global supply chain effectiveness,
along with encouraging the related policies and regulations to
foster global competitiveness.
“SIA is a powerful voice in and for the industry, and it has
clearly proven that it knows how to get things done,” said Michael
J. Long, chairman, president and chief executive officer of Arrow.
“The industry is stronger because of SIA’s impact, and we are
excited to team with this powerful association as we work to guide
innovation forward.”
“Arrow Electronics is an integral player in the global
semiconductor industry ecosystem and the overall tech sector,” said
John Neuffer, SIA president and CEO. “We’re thrilled to welcome
Arrow to SIA and look forward to the Arrow team’s input and
collaboration as we work to advance our domestic and global policy
priorities.”
Semiconductors are microchips that control all modern
electronics and have a major impact on everyday life. These
semiconductors enable the technologies that people use to work,
communicate, and travel, among others, across every industry
sector.
About Arrow Electronics
Arrow Electronics guides innovation forward for over 175,000
leading technology manufacturers and service providers. With 2019
sales of $29 billion, Arrow develops technology solutions that
improve business and daily life. Learn more at arrow.com.
About SIA
The Semiconductor Industry Association (SIA) is the voice of the
semiconductor industry, one of America’s top export industries and
a key driver of America’s economic strength, national security, and
global competitiveness. The semiconductor industry directly employs
nearly a quarter of a million workers in the United States, and
U.S. semiconductor company sales totaled $193 billion in 2019. SIA
represents 95 percent of the U.S. semiconductor industry by revenue
and nearly two-thirds of non-U.S. chip firms. Through this
coalition, SIA seeks to strengthen leadership of semiconductor
manufacturing, design, and research by working with Congress, the
Administration, and key industry stakeholders around the world to
encourage policies that fuel innovation, propel business, and drive
international competition. Learn more at
www.semiconductors.org.
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Media Contacts Arrow Electronics, Inc. John Hourigan
303-824-4586
Semiconductor Industry Association Dan Rosso 240-305-4738
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