Chip 1 Exchange secures Franchise Deals for Nine Manufacturers

July 01, 2013 by Jeff Shepard

Chip 1 Exchange, a global distributor of electronic components, has become fully franchised with several electronic component manufacturers. Chip 1's headquarters and main distribution center is located in Germany. Chip-1 Europe, Dubai, Philippines, Asia and North America have all been commissioned in the franchise agreements in their respective markets.

The nine manufacturers that have signed Chip 1 as their franchised factory direct distributor include the following: Nemco Electronics Corp., tantalum capacitors; Y.S. Tech U.S.A., ac/dc fans and accessories; Para Light Corp., LEDs; Meritek Electronics Corp., a variety of discrete components; Emerging Display Technologies Corp, LCD panel displays; Mag Layers Scientific Technics Co., Ltd., varieties of discrete magnetic components; Xmultiple Technologies, Inc., connectors and other components; TGS (USA), Inc., crystal oscillators and SAW devices; and Comchip Technology Co. Ltd., diode and transistor products.

"We are excited to be partnered with these companies," said Damon Pouya, Chief Operating Officer of Chip 1, "these manufacturers are a perfect match for our core expertise of exceeding customer expectations and allow fast lead times to market."

Established in 2001, Chip-1 is a leading global supplier of electronic components and peripherals. With 7 offices globally, Chip-1 is a major distributor for the electronic supply chain of many of the world’s largest OEMs, CMs, and other distributors. Due to their quality standards, they have become the essential company of choice for many companies around the world.