What does Future Electronics do?

What does Future Electronics do?

Founded in 1968, Future Electronics is a worldwide leader in electronic components distribution, and is recognized as one of the most respected and innovative companies in the industry today.

Where is Future Electronics based?

Montreal, Quebec, Canada
With worldwide headquarters in Montreal, Quebec, Canada, our diverse global team makes Future Electronics one of the most reputable companies in the industry.

Who is the owner of Future Electronics?

Robert Miller
Robert Miller (born July 1943), is a Canadian billionaire businessman who founded Future Electronics in 1968, and built it into the world’s third-largest electronics distributor….Robert Miller (businessman)

Robert Miller
Alma mater Rider University
Occupation Owner and founder of Future Electronics
Children 2

Is Future Electronics still in business?

Founded in 1968 by Canadian billionaire Robert Miller, the company is one of Quebec’s largest privately owned companies and is currently the third largest electronics distributor in the world….Future Electronics.

Type Private
Revenue $5 billion USD (2014)
Number of employees 5,500
Website http://www.futureelectronics.com

Is Future Electronics a good place to work?

Future Electronics is an impressive Global company with a good structure and solid idea of where it wants to be. The hiring department does an extremely good job of bringing mostly likeable and creative people into the company, the people really make Future.

Is Future Electronics a good company?

Future Electronics has an overall rating of 3.8 out of 5, based on over 613 reviews left anonymously by employees. 80% of employees would recommend working at Future Electronics to a friend and 82% have a positive outlook for the business. This rating has improved by 3% over the last 12 months.

How much is future electronics worth?

Known to be media-shy, he rose to riches as a co-founder of Future Electronics, which has been selling and distributing electronic components since 1968. Some eight years ago, he became sole owner as he bought out his partner’s share for $500,000….Robert Miller Net Worth.

Net Worth: $1.6 Billion
Gender: Male

What industry is future electronics?

electronic components distribution
Future Electronics is a worldwide leader in electronic components distribution and is recognized as one of the most innovative companies in the industry.

What are electronic components distributor?

An electronic component distributor is an organisation that will supply electronic components from a variety of manufacturers to electronic manufacturing, development, repair and service organisations.

Is Future Electronics publicly traded?

Partly because it is privately owned Future Electronics doesn’t discuss or announce its profits (gains or losses) revenue goals (hits or misses), management strategies, broad growth plans, pitfalls, challenges and opportunities or any of the thousands of other issues publicly traded companies trot out to shareholders …

Who is the largest electronic component distributor?

Avnet
Top 25 global electronics distributors

2013 rank 2012 rank Company
1 1 Avnet
2 2 Arrow Electronics
3 3 WPG Holdings
4 4 Future Electronics1

What is a high service distributor?

Most high-service distributors focus on design and sell small quantities of parts to engineers designing new products. Design activity has increased significantly in the first half of 2021.

What does a electronics distributor do?

A crucial link in the electronics supply chain, distributors fulfill a dual role both by representing manufacturers and ensuring that customers get the parts and components they need to run their own operations.

How do I become an electronic distributor?

To become an electronics wholesale business dealer, you must first observe and understand your rivals, current patterns, and favourite distributors. You will need to choose the goods you will sell, develop a sales and marketing plan, and figure out how to distinguish the business from existing ones.

What is the difference between a broker and a distributor?

Like a broker, distributors have relationships with high-volume retailers and can assist with getting new products on the shelf. Unlike a broker, a distributor purchases product upfront and resells to retailers.

What does an electronics distributor do?

Do distributors get commission?

Distributors typically fetch a trail commission of 0.3-0.75% on the value of the investment for each year that the investor’s money remains invested with the fund company. This is calculated on a daily basis as a percentage of the assets under management of the distributor and is paid monthly.

How do brokers make their money?

Brokers make money through fees and commissions charged to perform every action on their platform such as placing a trade. Other brokers make money by marking up the prices of the assets they allow you to trade or by betting against traders in order to keep their losses.