Digi-Key European Q1 sales up 115%
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Electronic components distributor Digi-Key has announced its sales in Europe for the first quarter of 2010 increased by 115% year on year. Total sales worldwide for the same period, increased by 63%.
Dave Doherty, Digi-Key's vice president of semiconductor products, said: "Digi-Key's role as a global provider via the web continues to grow at an accelerated rate. A customer's desire to have access to the broadest array of components available for immediate shipment is universal. Our sales in Europe so far in 2010 are double the rate for equivalent periods in 2009.
"We attribute this impressive growth to Digi-Key's desire to become more valuable in the European market by stocking more products from our supplier partners specifically for local European consumption."
Mark Larson (pictured), Digi-Key's president and coo, added: "Digi-Key's sales growth in Europe for Q1 2010 demonstrates our presence and market share in European countries is increasing as we expand our reach and marketing efforts to our customers worldwide. We attribute this success to increasing recognition of the fact that Digi-Key performs for engineers and purchasers in Europe, the increase of unique visitors to our website, and our commitment to provide the best service possible."
Digi-Key serves a global customer base from its 600,000ft2 facility in Thief River Falls, Minnesota.