2007'04.24.Tue
Avnet Electronics Marketing Drives Performance in China with New Regional President
April 23, 2007
Electronics Industry Veteran Peter Wong to Guide Strategy and Direction of the Business in the Region SINGAPORE, April 23 /Xinhua-PRNewswire/ -- Avnet Electronics Marketing Asia, a leading distributor of electronic components and a division of Avnet, Inc. (NYSE: AVT), has appointed Peter Wong as regional president of Avnet China. An electronics industry veteran with more than 20 years experience, Wong will provide the leadership, strategy and direction to take the business to a new level of performance in the region. In this role, Wong will report to Stephen Wong, president of Avnet Electronics Marketing Asia. He succeeds Raymond Leung, currently the regional president of Avnet China who is leaving the organisation to pursue his career interests. "The Asia market is a key focus for Avnet Electronics Marketing, and China in particular, plays an important role in contributing to our growth strategy. With Peter's proven track record and rich knowledge of North Asia, I am confident that he will take our China business to new heights," said Stephen Wong, president of Avnet Electronics Marketing Asia. Wong originally joined Avnet Electronics Marketing Asia in February 2006 as vice president of strategic planning. Over the past year, he helped the organisation develop regional strategies designed to achieve its long-term vision for Asia. He was instrumental in spearheading the development of Avnet Electronics Marketing Asia's commodity business to drive for profitable growth and superior return on working capital. He was also the acting regional president of the South Asia Region. Prior to joining Avnet, Wong ran his own company which provided professional consultancy services to electronics companies. His work experience also includes sales assignments with ON Semiconductor where he held the position of vice president, Greater China sales, and later, Asia Pacific distribution channel management, covering all Asia countries including Japan. In addition, he held various key positions with Motorola in sales and distribution marketing for the Asia Pacific region. Avnet Electronics Marketing has established a strong presence in China through its two operations -- Avnet China and Avnet Memec China. Each serves the market through an independent yet comprehensive team of management, marketing, sales and engineering professionals. Avnet Electronics Marketing has 20 offices in China and operates four logistic centres located in Tianjin, Shanghai, Shenzhen and Hong Kong. The company also offers one-stop-shop design services through design centres in Hong Kong, Shanghai and Shenzhen. About Avnet Electronics Marketing Avnet Electronics Marketing Asia is part of Phoenix-based Avnet, Inc. (NYSE: AVT), a Fortune 500 company with fiscal 2006 sales exceeding USD$14.25 billion. Serving customers in approximately 70 countries, Avnet is one of the world's largest technology marketing, distribution and services companies. Avnet Electronics Marketing has a significant presence in Asia-Pacific -- the fastest growing electronics market in the world. With its regional headquarters in Singapore, the company has 38 locations in 10 countries in Asia. It distributes semiconductors, interconnect, passive and electromechanical components to serve a wide range of customers including original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, and small- to medium-sized businesses, and provides associated design-chain and supply-chain services. The company's web site is located at http://www.em.avnet.com Issued on behalf of Avnet Electronics Marketing by Euan Barty Associates Note to editors: this release can also be found on the EBA Web site at http://www.eba.com.hk . For enquiries on releases by email, please call Rosa Lee at (852) 2537 8022 or send a message to rosa@eba.com.hk . For more information, please contact: Jaime Chan Tel: +852-2410-2735 Email: jaime.chan@avnet.com Brian Peterson (EBA) Tel: +852-2537-8022 Email: brian@eba.com.hk
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