Arrow's VMI Solution Strengthens China's Top TV Manufacturer's Supply-Chain Capability

Arrow's VMI Solution Strengthens China's Top TV Manufacturer's Supply-Chain Capability

November 02, 2007

    HONG KONG, Nov. 2 /Xinhua-PRNewswire/ -- Arrow Asia Pac
Ltd., a business unit of Arrow Electronics, Inc. (NYSE:
ARW), announced that it has signed a vendor-managed
inventory (VMI) agreement with Sichuan Changhong Electric
Co. Ltd. (Changhong), China's biggest export company and
one of its top-four TV manufacturers.  Arrow will provide
VMI supply-chain service to Changhong's manufacturing
plants in Sichuan as well as Guangdong province in China. 


    (Logo: http://www.xprn.com/xprn/sa/200703021139.JPG )

    "Arrow's wide range of supply-chain services is
designed to deliver a reduction in total costs, increased
time to react to changing market demands and a greater
level of visibility of supply-chain management.  We are
proud to be the first supplier to offer VMI supply-chain
service to Changhong," said Simon Yu, senior vice
president for the North Asia region of Arrow Asia Pac. 
"Providing Changhong with instant access to an array
of semiconductor and passive, electromechanical and
connector products housed at the Mianyang Free Trade Zone
in Sichuan province, Arrow's VMI service will deliver
secured supply and delayed inventory ownership without the
need for unnecessary transportation and inventory
build-ups."

    "With extensive global strength and local
expertise, Arrow's supply-chain solution effectively
integrates people, processes, technology, and products. 
Arrow's customized material management solution helps us
minimize inventory risk and carrying cost while driving
time-to-market improvements throughout the supply
chain," said Liu Tibing, general manager of Sichuan
Changong.

    About Arrow Asia Pac

    A business unit of Arrow Electronics, Inc. (NYSE: ARW),
Arrow Asia Pac is one of Asia-Pacific's leading electronic
component distributors. In addition to its regional
headquarters in Hong Kong, Arrow Asia Pac operates 51 sales
offices, four primary distribution centers and 12 local
warehousing facilities in 11 countries/territories across
Asia.

    Providing a full range of semiconductors, passive,
electromechanical and connector products from over 170
leading international suppliers, Arrow Asia Pac serves more
than 10,000 original equipment and contract manufacturers
and commercial customers in Asia-Pacific.  Visit us at
http://www.arrowasia.com .

    About Changhong

    Established in 1958, Changhong is now one of the
largest Chinese consumer electronics providers,
specializing in R&D, manufacturing and marketing of
consumer electronics products in China.  One out of every
four TVs in China is manufactured by Changhong. It became a
publicly traded company with shares listed on the Shanghai
Stock Exchange in 1994. In 2005, Changhong's annual
turnover was US$2.2 billion, with its overall brand valued
at US$4 billion. 


    For more information, please contact:

     Ray Leung
     Marketing Communications Director 
     Arrow Asia Pac Ltd.
     Tel:   [phone]
     Email: [e-mail]

     Grace Kung
     Marketing Communications Manager
     Tel:   [phone]
     Email: [e-mail]