- Arrow will be an active partner in SIA’s initiatives, focusing on technology innovation and global supply chain effectiveness
- The semiconductor industry directly employs nearly a quarter of a million workers in the United States, and U.S. semiconductor company sales stood at $193 billion in 2019
Arrow Electronics has announced it will team up with the Semiconductor Industry Association (SIA) to help in technology innovation and advance related policy initiatives. Arrow will be an active partner in SIA’s initiatives, focusing on technology innovation and global supply chain effectiveness. It will also encourage related policies and regulations to enhance global competitiveness. SIA is an industry association whose membership represents 95 per cent of U.S. semiconductor industry revenue.
Michael J. Long, chairman, president, and chief executive officer of Arrow said, “SIA is a powerful voice in and for the industry, and it has clearly proven that it knows how to get things done. 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.”
U.S. semiconductor company sales stood at $193 billion in 2019
Semiconductors are microchips that control all modern electronics. They enable the technologies that people use to work, communicate, and travel in every industry sector. The semiconductor industry directly employs nearly a quarter of a million workers in the United States, and U.S. semiconductor company sales stood at $193 billion in 2019.
John Neuffer, SIA president and CEO said, “Arrow Electronics is an integral player in the global semiconductor industry ecosystem and the overall tech sector. 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.”