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TT Electronics Inks Asia Pact With WPI

WEYBRIDGE, U.K. — TT electronics has announced that it has signed a new strategic distribution agreement with World Peace Industrial Group (WPI Group), a member of WPG Holdings. Under the new agreement WPI Group will support sales of TT electronics' passive components and discrete semiconductors throughout Asia and particularly China.

Commenting on the distribution deal, David Winter, VP global sales at TT electronics Components Division said, “The Asian market is the largest consumer of electronic components and therefore strategically important to TT electronics. WPI Group is the largest electronic component distributor in the region and they will provide a key channel for our business expansion in the region.” He continued, “We are delighted to formalise our partnership, which will enable us to reach a wider design engineering audience and build on our footprint in Asia.”

“WPI Group is pleased to engage with TT electronics. TT electronics' broad portfolio of passive components and discrete semiconductors complements the solutions and products we provide to our existing and new customers,” commented Mike Chang, Chairman and CEO at WPI Group. “By providing unrivalled customer reach and design support we are able to offer TT electronics' exceptional product range to more customers throughout the Asian markets.”

{complink 12879|TT electronics plc}

{complink 12835|WPG Holdings}

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