Premier Farnell announces new global franchise with SiTime

Franchise gives Farnell element14 customers access to the latest silicon MEMS based timing

Chicago, May 10, 2018: Premier Farnell, the Development Distributor, today announces a new agreement with SiTime, the market leader in MEMS (Micro-Electrical-Mechanical Systems) timing products. This new franchise will give Newark element14 customers access to SiTime’s MEMS-based silicon timing solutions, which offer short lead-times, great features, high performance, low power, small size and high reliability.

Over one billion SiTime silicon timing devices are being used today in a broad range of applications from smartphones, tablets and cameras to air transportation and earthquake detection systems. Devices such as mobile phones, fitness trackers and tablets rely on the small size and low power consumption of SiTime products. Mission-critical electronics such as space rockets, self-driving vehicles and earthquake detection systems rely on the reliability and precision of the company’s solutions.

Jeff Uden, Global Category Director, IP&E for Premier Farnell and Newark element14 said: “As the Development Distributor we aim to provide our customers with the very best devices for them to develop their products. SiTime is driving real innovation in this market, providing chip-scale packages for timing solutions. SiTime products are a great match for Newark element14 customers looking for increased flexibility and reliable timing solutions in a tiny package.”

Mark Lunsford, EVP, WW Sales, from SiTime added: “SiTime is redefining timing technology and is uniquely focused on solving the most difficult timing problems for the electronics industry. We take pride in the reliability, robustness, and accuracy of our timing devices, especially in harsh conditions. That is why customers are using our timing products in 5G infrastructure, self-driving cars, the Internet of Things, and artificial intelligence systems. Our MEMS timing devices are up to 20 times more reliable, 30 times more resistant to shock and vibration and offer 50 times better quality. We are delighted to add Premier Farnell to our distributor network, as we continue to drive the electronics market to silicon-based timing.”

Newark element14 will be stocking over 200 oscillators from SiTime, which are 30 times more robust than quartz oscillators, including:

SiTime products are available from Farnell element14 in Europe, Newark element14 in North America and element14 in APAC.

Ends

Notes to Editors

You can find more details and supporting imagery related to this press release on our newsroom: www.element14.com/news

About SiTime SiTime Corporation, the leader in MEMS timing and a wholly owned subsidiary of MegaChips Corporation (Tokyo Stock Exchange: 6875), offers MEMS-based silicon timing solutions that replace legacy quartz products. SiTime’s configurable solutions enable customers to differentiate their products with higher performance, smallest size, lowest power and best reliability. The rich feature set and flexibility of SiTime’s solutions allow customers to consolidate their supply chain, reducing the cost of ownership and time to market. By using standard semiconductor processes and high-volume packaging, SiTime offers the best availability and shortest lead times in the industry. With 90% market share and over one billion devices shipped, SiTime is driving the electronics industry to use 100% silicon-based timing. www.sitime.com.

About us

Premier Farnell is a global technology leader with over 80 years in the high service distribution of technology products and solutions for electronic system design, production, maintenance and repair. Premier Farnell uses this experience to support its broad customer base, from hobbyists to engineers, maintenance engineers and buyers as ‘The Development Distributor’, working with leading brands and start-ups to develop new products for market, and supporting the industry as it seeks to develop the current and next generation of engineers.

Premier Farnell is a business unit of Avnet, Inc., (NYSE:AVT). Premier Farnell trades as Farnell element14 in Europe, Newark element14 in North America, and element14 throughout Asia Pacific. Premier Farnell also sells direct to consumers through a network of resellers, as well as its CPC business in the UK.

For more information, visit the website at http://www.premierfarnell.com

Contacts for journalists:

North America Agency Brodeur Partners Jamie Ernst Tel: (+1) 480.308.0286 Email: jernst@brodeur.com

Premier Farnell Holly Smart, Head of PR and External Communications Tel: +44 113 3485188 Email: hsmart@premierfarnell.com