2007'02.03.Sat
Arrow China Tops ESM's Annual Distributors' Customer Preference Study for Fifth Year in a Row

PR
June 07, 2006

HONG KONG, June 7 /Xinhua-PRNewswire/ -- For the fifth year in a row, Arrow Electronics China Ltd. (Arrow China) was named one of the "Most Preferred International Distributors" by its customers in a recent customer preference survey conducted by Electronics Supply & Manufacturing - China (ESMC). With a monthly circulation of over 36,018, ESMC is one of Mainland China's most influential magazines for the electronics industry. "It is an honor for Arrow China to be named one of the Most Preferred International Distributors for the fifth consecutive year," said Peter Kong, President of Arrow Asia Pac Ltd. "Being recognized as a top distributor clearly demonstrates that we are making significant progress in our journey to be the Clear #1 in the industry. In our quest for excellence by every measurement, we are grateful for the tremendous support of over 60 international and local suppliers and business partners. We also deeply appreciate the continuous commitment of our employees, and most importantly, the patronage of our customers. We pledge to continue investing in customer-facing support, product offerings, technical services, supply chain services, and operational efficiency in China and strive to be the distributor of choice to our customers, suppliers and business partners." In a series of surveys conducted by ESM earlier this year, feedback was collected from 810 purchasing professionals serving with leading Mainland electronic companies in a range of industries including consumer electronics, communications, and various industrial segments. Over 43% of those interviewed are purchasing managers or at executive management level. Some 61% of these companies are OEM and Contract Manufacturers in China. In 2005, they purchased more than US$30.4 billion (RMB$252.2 billion) worth of electronic components over 59% of which was bought through distributors. "The growth potential of the China market is tremendous. While the competition is intense and product life cycles are shrinking dramatically, with our global resources, innovative supply chain services, and extensive sales and technical support coverage, Arrow China is well positioned to help customers improve just-in-time manufacturing and time-to-market capabilities," added Simon Yu, Senior Vice President, Senior Vice President of Sales of Arrow Greater China & Korea. This is the sixth consecutive year that ESMC has conducted this survey. The research's objectives were to examine the current state of the mainland electronic component distribution market and provide an overview of customer preferences in selecting a distributor. The survey invited readers to evaluate distributors in a number of areas: technical and design support, logistics, company creditability, inventory availability, product price, product quality, financial stability, responsiveness and e-commerce readiness and capabilities. ESMC will announce results for all these areas in August. The survey, which targeted purchasing departments heads or senior managers from some of the leading telecommunications, consumer electronics, PC, industrial, medical equipment and automotive companies in China, offers a significant representation of the overall market profile. About Arrow Asia Pac A subsidiary of Arrow Electronics, Inc. (NYSE: ARW), Arrow Asia Pac is one of Asia Pacific's leading electronic component distributors. In addition to its regional headquarters in Hong Kong, Arrow Asia Pac operates 41 sales offices, four primary distribution centers and eleven local warehousing facilities in eleven countries/territories across Asia. Providing a full range of semiconductors, passive, electromechanical and connectors products from over 60 leading international suppliers, Arrow Asia Pac serves more than 10,000 original equipment and contract manufacturers and commercial customers in Asia Pacific. For more information, please contact: Ray Leung Marketing Communications Director Arrow Asia Pac Ltd. Tel: +852-2484-2683 Email: ray.leung@arrowasia.com Grace Kung Marketing Communications Manager Tel: +852-2484-2682 Email: grace.kung@arrowasia.com SOURCE Arrow Asia Pac Ltd.
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