Future Electronics
Canadian distribution company / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Future Electronics?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
Future Electronics Inc. is a distributor of electronic and electro-mechanical components headquartered in Pointe-Claire, Quebec.
Quick Facts Company type, Industry ...
Company type | Private |
---|---|
Industry | Electronics |
Founded | 1968; 56 years ago (1968) |
Founder | Robert G. Miller |
Fate | Acquired by WT Microelectronics |
Headquarters | Pointe-Claire, Quebec, Canada |
Number of locations | 170 offices in 44 countries |
Area served | Worldwide |
Key people | Omar Baig-Mirza (President)[1] |
Revenue | US$5 billion (2014)[2] |
Number of employees | 5,200 (2023)[3] |
Website | futureelectronics |
Close
Future Electronics is one of Quebec's largest privately owned companies[4] and is currently the third largest electronics distributor in the world.[5] It operates in 170 locations in 44 countries in the Americas, Europe, Asia, Africa and Oceania.[6]
The company follows a business model that emphasizes zero debt and the willingness to buy and hold inventories, allowing the company to maintain positive relationship with component suppliers.[2] In 2014, its revenues were $5 billion.[2]