Avnet, Inc.

Avnet, Inc. distributes electronic component technology across the Americas, Europe, the Middle East, Africa, and Asia/Pacific. Its business is organized into two segments: Electronic Components and Farnell. The company markets, sells, and distributes semiconductors, as well as interconnect, passive, electromechanical, integrated, and embedded components from electronic component manufacturers. It also provides design support, offering engineers technical design solutions, bill of materials development, and technical education and training. Additionally, Avnet offers supply chain solutions including warehousing and logistics services to OEMs, electronic manufacturing service providers, and component manufacturers. The company serves markets such as automotive, defense, aerospace, medical, telecommunications, industrial, and digital editing.

Avnet, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol AVT. Its shares are traded in United States Dollars (USD). As a US-based company, Avnet reports its financial results in USD, and investors can buy and sell its stock on the Nasdaq exchange during regular trading hours.

Avnet, Inc. operates in the Technology sector, specifically within the Electronics & Computer Distribution industry. This means Avnet is primarily involved in the distribution of electronic components and computer-related products. The company acts as an intermediary between electronic component manufacturers and original equipment manufacturers (OEMs) or electronic manufacturing service providers, providing a wide range of products and value-added services.

Avnet, Inc. is headquartered in Phoenix, Arizona, United States. The company was founded in 1921 and has a global presence, serving customers in the Americas, Europe, the Middle East, Africa, and Asia/Pacific. Avnet's distribution network and services cater to various markets including automotive, defense, aerospace, medical, telecommunications, industrial, and digital editing. Its geographic reach allows it to support customers worldwide with electronic components and supply chain solutions.

Avnet generates revenue primarily through the distribution of electronic components and related services. The company's Electronic Components segment markets and sells semiconductors, interconnect, passive, electromechanical, and embedded components. The Farnell segment distributes kits, tools, electronic and industrial automation components, and test and measurement products to engineers and entrepreneurs. Avnet also earns income from value-added services such as design support, technical education, supply chain solutions (warehousing and logistics), and embedded solutions including technical design, integration, and assembly of embedded products. Additionally, it develops standard board and industrial subsystems, as well as application-specific devices tailored to customer requirements.