Award Emphasizes Richardson Electronics’ Strong Sales Growth
LaFox, IL, Thursday, May 9, 2019 – Richardson Electronics, Ltd. (NASDAQ: RELL) announced today that it won the Sapphire Global Distributor Award from Qorvo for achieving substantial year-over-year sales growth. The award was presented on April 17, 2019 at Qorvo’s annual global sales conference held this year in Orlando, Florida.
“We selected Richardson Electronics for this award due to its year-over-year sales growth, which was accomplished by focusing on a grass roots design strategy to bring in new customers across the globe,” stated Rodney Hsing, Director of Global Distribution, Qorvo. “They have also invested in technical sales team members and maintained a strong inventory position to ensure customers can quickly get the technical support and products they need for new design projects.”
Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group, responded, “This award demonstrates how both our companies work together to provide deep technical support to our customers and collaborate effectively to bring Qorvo technology to market globally. It is this partnership strategy that drives our business, and we are proud of the entire team’s accomplishments. We greatly appreciate Qorvo’s recognition of our efforts.”
Richardson Electronics provides a broad range of Qorvo products, including the most advanced high-performance components that support satellite communications. To learn more, visit the Qorvo SatCom ThinkTank or the Qorvo Supplier homepage.
About Richardson Electronics, Ltd.
Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.
Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.
About Richardson Electronics – Power & Microwave Technologies
For 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave and power products. With the launch of the Power & Microwave Technologies group, we continue this legacy and complement it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at: www.rellpower.com.
Qorvo (Nasdaq:QRVO) makes a better world possible by providing innovative Radio Frequency (RF) solutions at the center of connectivity. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers’ most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. We also leverage unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places and things. Visit www.qorvo.com to learn how Qorvo connects the world.
Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries.