The 2020 Mid-Year Economic Update_long

TTI Acquires Chinese Electronic Component Distributor

The acquisition provides TTI access to the cell phone market in China.

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. 

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By : XYZScripts.com