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Electronic components distributor TTI Inc., Fort Worth, TX, an indirect, wholly owned subsidiary of Berkshire Hathaway, has acquired HuaTong Electronic Co. Ltd., an electronic components distributor headquartered in Dongguan Shilong.
Huatong employs approximately 60 associates in Dongguan Shilong, Hong Kong, Suzhou, Shenzhen and Beijing. T
“Bringing Huatong Electronics into the TTI family of companies establishes our presence in the fast growing Chinese cellular phone market segment and is further evidence of TTI’s commitment to growth in the region,” said Gene Conahan, president TTI Europe and Asia.