the needs of customers who require a global partner to execute their growth plans

Avnet Electronics Marketing was the logical choice as our Preferred Global Partner for many reasons,” said Aldo Kamper, chief executive officer, OSRAM Opto Semiconductors. “Over the course of our long-standing relationship, Avnet’s LED and lighting technical expertise, solutions-oriented design approach and the ability to leverage a broad range of LED-associated electronic, optical, thermal and interconnect components gives our mutual customers a proven time-to-market advantage. Furthermore Avnet’s global coverage meets the needs of customers who require a global partner to execute their growth plans.”

“The naming of Avnet as OSRAM’s Preferred Global Partner reinforces our continued investment in both expert resources and technology in support of this burgeoning market,” said Harley Feldberg, president, Avnet Electronics Marketing, global. “It is the strength of our people, products and partners -- such as OSRAM -- that continue to give our customers around the world a faster time-to-market advantage and the opportunity to design with the latest energy-efficient, high-performance LED technology.”

A leading provider of sapphire substrates and products to the LED, RFIC, semiconductor, and optical industries, announced today that it has entered into a new contract with its largest customer for large-diameter sapphire wafers. The amount of the contract is $20 million, and it represents a baseline level of shipments that will be made from June through December 2012. The previous contract expired at the end of December.