Arrow Electronics, Inc. (NYSE:ARW) today announced it will team with the Semiconductor Industry Association (SIA) to facilitate technology innovation and advance related policy initiatives. SIA is an industry association whose membership represents 95 percent of U.S. semiconductor industry revenue.
Arrow will be an active partner in SIA’s initiatives, focusing on technology innovation and global supply chain effectiveness, along with encouraging the related policies and regulations to foster global competitiveness.
“SIA is a powerful voice in and for the industry, and it has clearly proven that it knows how to get things done,” said Michael J. Long, chairman, president and chief executive officer of Arrow. “The industry is stronger because of SIA’s impact, and we are excited to team with this powerful association as we work to guide innovation forward.”
“Arrow Electronics is an integral player in the global semiconductor industry ecosystem and the overall tech sector,” said John Neuffer, SIA president and CEO. “We’re thrilled to welcome Arrow to SIA and look forward to the Arrow team’s input and collaboration as we work to advance our domestic and global policy priorities.”
Semiconductors are microchips that control all modern electronics and have a major impact on everyday life. These semiconductors enable the technologies that people use to work, communicate, and travel, among others, across every industry sector.