June 6, 2014
Telit and Arrow Sign Distribution Agreement in Asia-Pacific
Seoul / Rome, 30 July 2007 – Telit Wireless Solutions Co., Ltd, the Korean-based machine-to-machine (M2M) mobile technology arm of Telit Communications, signs a distribution contract with Arrow Asia Pac. Under the terms of the agreement, Arrow will provide sales, marketing and technical service support to promote Telit’s wide range of innovative M2M modules in the Asia Pacific region.
Arrow Asia is one of the region’s leading distributors of quality semiconductors, passive components, electromechanical and connector products. The company serves more than 10,000 original equipment and contract manufacturers and commercial customers in the Asia Pacific region.
"I am convinced that both Telit and Arrow will realize tremendous benefits from this agreement," said S.G. Kang, President of Telit Wireless Solutions Co., Ltd. "Cooperating with Arrow, Telit will gain advantage primarily through its higher market penetration in the Asia Pacific M2M market. "
"Leveraging our existing relationship with Telit in European countries, we are pleased to be working together to explore the high potential growth of the Asia-Pacific M2M market," said Peter Kong, President of Arrow Asia Pac Ltd. "This collaboration will allow Arrow’s extensive customer base to gain access to Telit’s wide range of cutting-edge and competitive wireless solutions. With Arrow’s robust demand creation capabilities, technical service expertise and strong distribution network, we look forward to helping Telit expand its business in the Asia Pacific region."