Roswell, GA. – October 7, 2019 – Flip Electronics, a provider of end-of-life (EOL) component solutions, has signed an extended agreement with IDT and Renesas Electronics Corp. to deliver EOL and obsolete products for their extensive line of trusted embedded design and semiconductor solutions. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, home electronics, office automation, and information communication technology applications. Included in the agreement are Intersil semiconductor products.
IDT’s market-leading products in RF, high-performance timing, memory interface, real-time interconnect, optical interconnect, wireless power, and smart sensors are among the company’s broad array of complete mixed-signal solutions for the communications, computing, consumer, automotive, and industrial segments.
“This expansion of our partnership will bring the outstanding brand names of Renesas and Intersil to our authorized product portfolio to help the industry seeking supply chain solutions and to avoid line shutdowns due to obsolete components,” said Jason Murphy, CEO of Flip. “Authorization eliminates the fear of sourcing grey market parts. We have been growing substantially, and this strategic move will indeed put us on a faster track.”
As component makers release new products faster, the pace of obsolescence has also increased. OEMs and EMS providers may no longer be able to source a part that was designed into their equipment. Manufacturers often turn to the open market to source obsolete electronic components.
“This is a natural move with Flip, which has done an excellent job with IDT to enhance its customer service to support all of Renesas’ EOL and obsolete products efficiently with an authorized distributor that understands their unique supply chain needs,” said Michael Bennett, Head of Renesas Global Distribution.
About Flip Electronics
Based in Atlanta, Georgia, Flip Electronics has been an authorized distributor of obsolete semiconductor and electronic components since 2015. Flip works closely with their OEM and contract manufacturer clients and considers every aspect of the logistics and supply chain process while delivering exceptional solutions to best suit clients’ needs. These services help avoid costly shutdowns and provide customers with the confidence that they are not dealing in the grey market. With industry-leading suppliers and knowledge and supply chain management expertise, Flip assists clients in the sourcing, pricing, and delivery of all their component needs. Flip’s focus on global trends in manufacturing makes it a leader in the electronics industry. Learn more at Flipelectronics.com.