Chip 1 Exchange secures Franchise Deals for Nine Manufacturers
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 worldâ€™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.