Distribution Agreement Expands Reach of indie Semiconductor’s Advanced Autotech Solutions Through Avnet’s Global Network.
indie Semiconductor, Inc. (Nasdaq: INDI), a pioneering Autotech solutions provider, has entered a strategic global distribution agreement with Avnet, a leading global technology distributor. This collaboration aims to expedite the worldwide accessibility of indie Semiconductor’s cutting-edge semiconductor product portfolio, leveraging Avnet’s extensive market reach, support infrastructure, and fulfillment capabilities.
indie Semiconductor’s diverse solutions encompass one of the automotive industry’s most extensive portfolios, addressing critical megatrends such as Driver Safety and Automation (ADAS), In-cabin User Experience (UX), and Electrification. The agreement includes indie’s innovative USB power delivery, intelligent lighting, motor control, ultrasonic, and 120GHz radar sensing silicon solutions. Additionally, the partnership outlines plans to introduce more product lines in the future.
Michael Wittmann, Chief Operating Officer at indie Semiconductor, expressed enthusiasm about the collaboration, stating, “indie is excited to partner with Avnet to bring our world-class automotive portfolio to a global customer base. Avnet’s strong expertise in the automotive segment, coupled with its global reach, will allow our class-leading products to bring value to customers across global automotive development regions.”
Mat Ransom, Global Vice President Automotive and ASCS at Avnet, highlighted the collaborative spirit, saying, “We look forward to collaborating closely with indie to bring Avnet’s global support network and market knowledge to indie’s broad and differentiated automotive portfolio to help meet the innovation needs of a fast-evolving industry.”
