Among the four electronic component distributors ranked among the world's top 10 electronic component distributors, Arrow Electronics, Avnet, WPG and Wenye, except for the slight decline in WPG's revenue, the others have achieved positive revenue growth, with the largest revenue increase of 28% in Chinese Ye, followed by Avnet with 24.5% and Arrow Electronics with 8%. The main reasons for the drag were weak demand for consumer electronics and slowing demand in the Asia-Pacific market.

Shannon Xinchuang, Liyuan Information, Yachuang Electronics, Yingtang Intelligent Control, and Haoshanghao, five local electronic component distributors, announced a net profit reduction, with a maximum reduction of nearly 50%; Four companies are expected to increase, with a maximum increase of 112%. As for the main reasons for the drag on the performance, many electronic component distributors mentioned the impact of the epidemic, weak demand for consumer electronics and losses due to exchange rate fluctuations.

In addition, with the continuous deepening of vehicle electrification, intelligence and Internet of Things applications, new energy vehicles, big data, Internet of Things, industrial electronics and other fields have become a must for component distributors.