June 2015 - TTI, Inc., the leading global distributor of passive, interconnect, electromechanical and discrete components, recently announced that it has entered into a full Asia distribution agreement with TDK, one of the leading electronic component manufacturers in the world. Following the China franchise contract signed in January 2015, TTI and TDK have now agreed the ASEAN distribution deal in June.
“Being the largest IP&E distributor in the world, it is our honor to have the TDK distributorship to be extended to the Asia region,” said Mr. Anthony Chan, President of TTI Asia on the addition of the TDK and EPCOS product lines at TTI ASEAN and now TTI becomes a full authorized distributor in Asia. “TDK is one of TTI’s strategic franchised manufacturers globally, and we believe TDK in Asia will bring us tremendous growth opportunities in the coming few years.”
Osamu Katsuta, General Manager, Global Distributor Division Electronic Components Sales & Marketing Group, TDK Corporation, commented, “TDK is delighted and honored to partner with TTI, a global leader in the distribution of passive electronic components, to serve the needs of customers in Asia with TDK and EPCOS products. While there are a number of well-established "local" distributors, TDK and TTI intend to work together to develop this market with a winning combination of superior products and world-class distribution services.”
Pictures from left to right: Yuho Inoue, Manager, Global Planning Section, Global Distributor Division Electronic Components Sales & Marketing Group, TDK Corporation; Osamu Katsuta, General Manager, Global Distributor Division Electronic Components Sales & Marketing Group, TDK Corporation; Anthony Chan, President of TTI Asia; Dietmar Jaeger, VP of Global Distribution Sales, TDK Corporation; Elaine Lau, Director of Supplier Marketing and Business Development, TTI Asia
About TTI
TTI, Inc., a Berkshire Hathaway company, is a specialty distributor of passive, interconnect, electromechanical and discrete semiconductor components. TTI is the distributor of choice for industrial and consumer electronics manufacturers worldwide. TTI's extensive product line includes: resistors, capacitors, connectors, potentiometers, trimmers, magnetics, circuit protection, filters, electromechanical and discrete semiconductor devices. TTI is recognized as the industry leader in service and quality and provides a broad array of supply chain services to its customer base. TTI along with its subsidiary Mouser Electronics, employs more than 3,800 with over 100 locations throughout North America, Europe and Asia. For more information about TTI visit www.ttiasia.com.
About TDK Corporation
TDK Corporation is a leading electronics company based in Tokyo, Japan. It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products. TDK's portfolio includes electronic components, modules and systems* marketed under the product brands TDK and EPCOS, power supplies, magnetic application products as well as energy devices, flash memory application devices, and others. TDK focuses on demanding markets in the areas of information and communication technology and consumer, automotive and industrial electronics. The company has a network of design and manufacturing locations and sales offices in Asia, Europe, and in North and South America. In fiscal 2015, TDK posted total sales of USD 9.0 billion and employed about 88,000 people worldwide.