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Stock impact report

Arrow Electronics Accelerates Automotive Software Development with Expansion into New Development Centres

Arrow Electronics, Inc. (ARW) 
Last arrow electronics, inc. earnings: 4/30 08:00 am Check Earnings Report
Company Research Source: Business Wire
CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW), a global provider of technology solutions, and its engineering services company, eInfochips, have announced the expansion of its Automotive Centre of Excellence (CoE) with new development centres in Munich and Istanbul to better assist customers in the development of next-gen automotive products.Innovators face hurdles in adopting connected, autonomous and hybrid software technologies, as some lack in-house engineering talent with the relevant skills. Arrow’s Automotive CoE addresses the opportunities and helps resolve the challenges associated with these technologies in the automotive industry.Arrow’s recent acquisition of iQmine, a leading engineering services provider for the automotive and transportation industry, further bolsters the CoE’s capabilities. Headquartered in Munich, Germany, with another development centre in Istanbul, Türkiye, iQmine helps automotive OEMs and Tier-1 companies accelerate produ Show less Read more
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