KEC (KEC, CEO Nam-gyu Park, CEO Hak-nam Kim) announced on April 6 that it has signed a distribution contract with Arrow Asia Pacific (hereinafter referred to Arrow Asia), the world's largest electronic component and IT solution distributor.
Arrow Asia has 70 distribution channels in 13 countries across Asia and is leading global distributor supplying electronic components such as semi-conductors, passive components, electronic components and connectors to more than 18,000 manufacturers and customers.
KEC's CEO Nam-gyu Park said, “Through this contract with Arrow Asia which is global top distributor, we are expecting rapid growth in market share in Asia including China. Also he said “Arrow Asia has strong customer base in the Automotive, industrial and consumer markets across Asia and Oceania. KEC has broad product portfolio to target these market, so synergy effect will be great.”.
Yang-Bae Seo, regional director of Arrow Korea mentioned, “The contract is significant since KEC is the first Korean semiconductor maker to sign a global contract with Arrow Korea. KEC has capacities of designing and producing power semiconductors and is equipped with a competitive product portfolio and quality. We will closely cooperate with KEC based on our wide customer coverage and we believe that the business of both companies will grow to another level.”
The contract made it possible for KEC to secure excellent technical sales force in the overseas market for achieving the company’s Vision 2025. Arrow Asia will start promoting and selling KEC products to the entire APAC region countries including China, Japan, Taiwan, Singapore, and India.