Digi-Key breaks $1billion barrier
Opinions differ on the 'high service' distribution sector - catalogue and website operations - but it is making a big impact on how design engineers source the components they need.
A leading company in this sector is Digi-Key, which has just broken the $1billion sales barrier for the first time: in fact, the company predicts sales of $1.5bn this year - 75% higher than in 2009.
Although US based, its sales are booming around the world. The UK is no exception, with sales more than doubling in the first half of this year, compared to the first half of 2009 - all without a UK presence.
Even though sales of electronic components are currently booming, Digi-Key is well ahead of the industry average and there's not a managing director anywhere who wouldn't trade something near and dear to them in exchange for a similar sales performance.
