ON Semiconductor has announced its top distribution partners of the year.
According to the firm, the honours were given to distributors that led overall channel sales, grew market share, captured increased sales of products from acquisitions made by ON Semiconductor and scored high on overall process excellence.
"Distribution sales accounted for approximately 45 per cent of ON Semiconductor's 2010 annual revenues," commented Jeff Thomson, vice president of Global Channel Sales for ON Semiconductor.
"ON Semiconductor is pleased to recognise Arrow Electronics, Future Electronics and Mouser Electronics for their valuable contributions in 2010."
Meanwhile, JP Morgan Securities has upgraded three US semiconductor companies.
It has also raised its view on the sector to "constructive" from "cautious", observing that inventory correction is nearing an end.
JP Morgan Securities named Texas Instruments as its top pick on expectations of an inventory replenishment in the supply chain during the last two quarters of 2011.