Avnet signed a strategic partnership framework agreement with FAW-Volkswagen

Jiwei Network News, on January 28, Avnet posted on the WeChat public account that a few days ago, Avnet and FAW-Volkswagen signed a strategic partnership framework agreement, aiming to build a long-term and comprehensive strategic partnership, make full use of their strategic resources, high-quality channels and core advantages, and jointly promote research and development and breakthroughs in the automotive field.

According to the agreement, Avnet will provide supply guarantee for FAW-Volkswagen's R&D and product iteration in automotive technology based on its own profound technology accumulation and resource advantages, so as to strengthen FAW-Volkswagen's core competitiveness and market influence in the automotive field. And promote it to form a benign and sustainable long-term mechanism, so as to achieve Afley and FAW-Volkswagen complementary advantages, resource sharing, in-depth cooperation, and lay a good foundation for long-term and stable partnership.

Ms. Dong Hua, Vice President of Sales and Supplier Management, Avnet Group China, said, "Avnet is very honored and proud to have signed a strategic cooperation framework agreement with FAW-Volkswagen. Avnet has been laying out the Chinese automotive market for more than ten years, and our continuous personnel and technical investment and in-depth cultivation in china's automotive industry have enabled us to obtain extensive resource support from many original factories and can dock leading technologies and products in the first time. The automotive customer base we serve in the Chinese market is very diverse, including local OEMs, local Tier 1, local IDH and domestic software companies. The industry users we cooperate with cover intelligent driving, domain control, intelligent gateway and battery management system. Our comprehensive capabilities and competitiveness come from our robust corporate governance, healthy treasury management, honest and operationally compliant supply chain management system, and total solutions covering vehicle applications provided by the program design department. ”

Ms. Dong Hua also said, "Looking forward to 2022, we will expand our investment, and the cooperation with FAW-Volkswagen will continue to deepen and expand, and we are committed to creating a more powerful support platform to actively serve FAW-Volkswagen's digital and intelligent transformation and accelerated innovation company development strategy at multiple levels." ”

Avnet is the world's leading technology distributor and solutions provider and has been keeping its heart set on meeting the changing needs of our customers for the past century. From conception to design, from prototyping to production, Avnet supports its customers at every stage of the product lifecycle. Avnet is at the centre of the entire technology value chain. This unique position allows Avnet to accelerate design and supply during the product development process, helping customers achieve revenue as quickly as possible.

Faw-Volkswagen Automobile Co., Ltd., established on February 6, 1991, is a large-scale passenger car manufacturer jointly operated by China FAW Group Co., Ltd., Volkswagen AG, Audi AG and Volkswagen (China) Investment Co., Ltd., and is the first modern passenger car manufacturer in China to start construction on an economic scale. After 30 years of development, FAW-Volkswagen's production capacity layout has covered Changchun in the northeast, Chengdu in the southwest, Foshan in south China, Qingdao in east China and Tianjin in north China.

(Proofreading/Andy)