BWI: Premier Farnell Strengthens Partnership with Molex in Asia

Press release from Business Wire India
Source: Premier Farnell
Tuesday, September 07, 2010 05:47 PM IST (12:17 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology; Technology
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Premier Farnell Strengthens Partnership with Molex in Asia
Premier Farnell expands its Molex product offering to include Molex Connector Kits, offering convenient & superior interconnect solutions to electronic design engineers

Bangalore, Karnataka, India, Tuesday, September 07, 2010 -- (Business Wire India) -- Premier Farnell, the leading multi-channel, high service distributor supporting millions of engineers and purchasing professionals worldwide, today announced a stronger partnership with Molex which expands their portfolio of specialised solutions to include Molex connector kits, which will be made available in Asia. Molex is a leading global manufacturer and supplier of connectors and interconnect components and solutions.

Molex connector kits are used in a wide variety of applications in the consumer electronics, automotive, telecommunications and mobile technology industries.

Customers, particularly electronic design engineers, desiring to buy Molex kits and enhanced solutions are now able to do so via Premier Farnell, the high service, multi-channel distributor in the Asia Pacific. This enhanced agreement will see over 200 Molex connector kits being made available across the region.

With comprehensive solutions for anti-tangle, blind mate, environmentally sealed, high speed, power, space saving and more, Molex kits are specially designed and assembled to provide a convenient solution to meet engineers' interconnect design challenges. Each year Molex invests approximately five per cent of net revenue in research and development, among the highest levels of R&D investment in their industry.

Loh Keng Wai, Distribution Corporate Account Manager, Molex, Asia Pacific South said: "With demands and expectations rising, it is increasingly important to provide electronic design engineers with comprehensive and superior solutions in an efficient manner. We are delighted to partner with Premier Farnell's high-service, multi-channel distribution model and this collaboration will help meet our customers' demands and deadlines with high efficiency and increased satisfaction levels."

William Chong, Regional Director of Supplier, Product & Purchasing Management, Premier Farnell, Asia Pacific, said: "Premier Farnell works closely with leading interconnect solution providers to offer the newest and most innovative, high-demand interconnect products and solutions to design engineers in Asia. We are proud to deepen our relationship with Molex with the new offering of Molex kits in the region offering enhanced solutions. With our ecommerce assets such as www.farnell.com and the element14 community portal, Premier Farnell is strategically-positioned to respond to time pressures on the electronic design engineering community as industries and markets push forward after the recession."

Molex is focused on the design and development of innovative product solutions that touch virtually every walk of life. Molex's product portfolio is among the world's most extensive, with over 100,000 products, including electronic, electrical and fiber optic interconnects to switches and application tooling.

Same day despatch, no minimum order quantity

Upon ordering from Premier Farnell's ecommerce platform www.farnell.com or via the customer contact centres, customers can expect same day despatch of Molex kits from Premier Farnell's distribution centres in Singapore and Sydney. No minimum order quantity or value is required and the www.farnell.com provides real-time stock levels and saves customers from checking with multiple parties to ascertain product availability.

Technical support and community resources by Premier Farnell

Full and accurate technical information for Molex kits is available on Premier Farnell's website. Alternatively, customers can also reach out to Premier Farnell's technical support advisors in their respective countries. At the same time, useful design tips and other user-contributed resources are available on element14, the popular community portal for design engineers to interact and collaborate on new technologies or designs in their local languages. Molex's user community within element14 can be found at www.element-14.com/community/community/suppliers/molex.

About Premier Farnell

Premier Farnell plc is leading the way in the high service, multi-channel provision of essential products, information, software and technology solutions to electronic design engineers, maintenance and repair engineers and purchasing professionals globally. Its differentiated proposition includes 29 local language transactional websites, and the critically important element14 ecommunity for design engineers - an industry first (www.element-14.com). With sales last year of £795.3m and underlying profits of £54.8m the Group distributes its comprehensive portfolio of products and services throughout Europe, North America and Asia Pacific, supported by a global supply chain of over 3,500 suppliers and an inventory profile developed to anticipate and meet its customers' needs. Recently awarded Platinum status by the Business in the Community Corporate Responsibility Index the business takes its CSR commitments very seriously.

While global in scope, Premier Farnell recognises the individual needs of each market and has continued to internationalize its model accordingly, trading locally under different brand names. Its primary electronics businesses trade as Farnell in the UK, India, Europe, Australia and New Zealand, Newark in the US, Canada and Mexico, and Premier Electronics in China and Hong Kong. In Singapore, Malaysia, and Brazil the operation is known as Farnell Newark.

Key facts
. Over 3,500 leading suppliers
. Over 400,000 products stocked with access to over four million
. Millions of customers in over 156 industries

For more information visit the website at www.PremierFarnell.com

About Molex

Providing more than connectors, Molex delivers complete interconnect solutions for a number of markets including data communications, telecommunications, consumer electronics, industrial, automotive, medical, military, lighting and solar. Established in 1938, the company operates 39 manufacturing locations in 16 countries. The Molex website is www.molex.com. Follow us at www.twitter.com/molexconnectors, watch our videos at www.youtube.com/molexconnectors, connect with us at www.facebook.com/molexconnectors and read our blog at www.connector.com.


CONTACT DETAILS
Hui-Yun Chen, Communications APAC, Premier Farnell plc, Asia Pacific, +65 6380 3239, hychen@premierfarnell.com
Namrata Agrawal, Sr Account Executive, 20:20 Media, Bangalore, +91 9341626121, Namrata@2020india.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, ELECTRONICS, IT, TECHNOLOGY

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