Overview
Avnet, founded in 1921, distributes electronic components from manufacturers to original equipment manufacturers, electronics manufacturing service providers and original design manufacturers in more than 140 countries[22]. It has two operating groups, Electronic Components and Farnell[22]. Revenue for fiscal 2026, which ended on 27 June 2026, was US$27,633 million, up 24.5%[22]. Avnet is incorporated in New York, lists its head office in Phoenix, Arizona, on its 10-K cover and is listed on Nasdaq. It had approximately 15,040 employees in 48 countries[22]. Like Arrow, it is included as a technology distributor.
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