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Franchise agreement granted to RS in recognition of its contribution to the growth of the ON Semiconductor product range
SINGAPORE, July 16, 2012 /PRNewswire-Asia/ -- RS Components (RS), the trading brand of Electrocomponents plc (LSE: ECM), the world's leading high service distributor of electronics and maintenance products, has signed a global franchise agreement with ON Semiconductor (NASDAQ: ONNN), a leading supplier of high performance silicon solutions for energy efficient electronics. The elevation of RS to franchised distributor status is a formal endorsement of its success in driving substantial sales growth for the ON Semiconductor range.
RS currently stocks approximately 2,500 individual devices in the ON Semiconductor portfolio and, as part of the franchise agreement, will augment its offer to deliver even greater choice to customers. This will include access to the latest product innovations from the semiconductor manufacturer, all competitively priced and available from RS stock for same-day despatch.
The appointment of RS as an official ON Semiconductor channel partner recognises the distributor's pledge to provide superior customer service by supporting electronics engineers through a host of online design resources available via the DesignSpark community on the RS website. At the heart of this commitment lies the company's sophisticated eCommerce strategy, which propels the development of online initiatives to ease the find, design and buy process for customers, and provides a strong link in the supply chain.
"The value that RS brings to our business is already well-established," said Jeff Thomson, ON Semiconductor Vice President of Global Channel Sales. "RS clearly understands the needs of our customers, and is constantly honing methods to hasten the products' path to market, which profits the entire supply chain. This agreement will strengthen our relationship and open up opportunities for future growth."
Chris Page, Global Offer Director for Electrocomponents said, "This franchise agreement will increase access for customers to the ON Semiconductor range and highlights the growing trend by leading manufacturers to look to RS as a key channel partner. With our global reach, and our commitment to engage with design engineers, we have a vital role to play in maximising the market potential of our suppliers' products."
The full, stocked range of ON Semiconductor products available from RS Components can be found at http://rswww.com.
About RS Components
RS Components and Allied Electronics are the trading brands of Electrocomponents plc, the world's leading high service distributor of electronics and maintenance products. With operations in 32 countries, we offer more than 550,000 products through the internet, catalogues and at trade counters to over one million customers, shipping more than 46,000 parcels on the same day the orders are received. Our products, sourced from 2,500 leading suppliers, include electronics, automation and control, test and measurement, electrical and mechanical components.
Electrocomponents is listed on the London Stock Exchange and in the last financial year ended 31 March 2012 had revenues of GBP1.27bn.
For more information, please visit the website at www.rs-components.com.
Further information is available via these links:
Twitter: @RSElectronics; @alliedelec; @designsparkRS
Tweet: RS Components
Hashtags: #ecommerce #electronics
RS Components on Linkedin
http://www.linkedin.com/company/rs-components
Relevant Links:
Electrocomponents plc
www.electrocomponents.com
RS Components
www.rs-components.com
DesignSpark
http://www.designspark.com
Editorial Contact:
RS Components
Tan Soo Chun
Public Relations Manager - Asia Pacific
Tel: +65-6391-5745
Email: soochun.tan@rs-components.com
The Hoffman Agency
Rasheed Abu Bakar/Ian Lee
Tel: +65-6361-0250
Email: rscomponentsteam@hoffman.com
