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Product category: Microprocessors, Microcontrollers and DSPs
News Release from: Nu Horizons Electronics Corp
Edited by the Electronicstalk Editorial Team on 27 January 2005

Mumbai office continues Asia Pacific
expansion

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Nu Horizons Electronics Corp is continuing to expand its Asia Pacific operations with the addition of a new sales office in Mumbai, India.

Nu Horizons Electronics Corp is continuing to expand its Asia Pacific operations with the addition of a new sales office in Mumbai, India This facility, in addition to the organisation's recent office openings in Hyderabad and New Delhi, was established to address regionalised service requirements and reinforce the organisation's global expansion strategy

"We are very pleased with our overall growth progress in Asia Pacific, and specifically within the country of India, where three additional locations were opened to fully support our growing customer base", states Vick Aggarwala, President of Nu Horizons Electronics Asia.

"We continue to enhance our system processes and overall operations to ensure we provide a world-leading demand creation model".

"Our plans include hiring key personnel in field applications engineering, training, sales and senior management in all Asian markets throughout 2005".

"We look forward to offering our customers, partners and suppliers value-added services, support and design solutions that distinguish Nu Horizons from all our competitors".

Nu Horizons has 11 established sales facilities in China (Hong Kong, Shanghai and Shenzhen), India (Bangalore, Hyderabad, Mumbai and New Delhi), Malaysia, Singapore, South Korea and Taiwan.

This past year, the company opened a new state-of-the-art distribution centre, located in Singapore, to service growing customer demand and fulfillment requirements.

Ongoing expansion plans include establishing operations within the countries of Australia, Japan, the Philippines and Thailand.

Nu Horizons' Asia initiative to date has resulted in a three-year cumulative revenue growth rate of 375%, an increase of 490% in customer base and 21% attribution to the organisation's total global sales figures.

Nu Horizons also continues to expand its relationship with all the company's North American supplier distribution line card portfolio.

Currently, many North American suppliers have issued franchises to Nu Horizons in the Asia Pacific region.

All suppliers fully support the organisation in regard to design transition business.

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