|By Business Wire||
|December 20, 2013 01:30 PM EST||
Molex Incorporated has recognized Huatong Electronic Co., Ltd. with its 2013 APS Local Distributor of the Year Award. Honoring Huatong for outstanding sales achievements and operational excellence as a valued distributor, the award was presented by Molex at a recent presentation ceremony held in Shenzhen, China. Award nominees were evaluated based on performance criteria, including year-over-year sales, inventory, new product support, accessibility of management, and training program support.
“Huatong has earned a reputation for being service oriented and customer focused, with a demonstrated commitment to providing front-end design and product development expertise,” states Fred Bell, vice president, Molex. “We are delighted to recognize their exemplary performance and accomplishments.”
Founded in 1994, Huatong was qualified as the first batch authorized distributor of Molex in Greater China and has grown at an estimated annual rate of 15 percent for the past five years. In fiscal year 2013, Huatong increased revenue by 26 percent and grew demand-creation business by 87 percent. Their entire sales team participated in Molex training sessions held throughout the year.
“We applaud the highly motivated sales, engineering and management teams at Huatong for achieving ever higher sales goals by strengthening their core competencies and bringing innovative solutions to Molex customers,” adds Bell.
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About Molex Incorporated
Providing more than connectors, Molex delivers complete interconnect solutions for a number of markets including: data communications, telecommunications, consumer electronics, industrial, automotive, commercial vehicle, aerospace and defense, medical, and lighting. Established in 1938, the company operates 45 manufacturing locations in 17 countries. The Molex website is www.molex.com. Follow us at www.twitter.com/molexconnectors, watch our videos at www.youtube.com/molexconnectors, connect with us at www.facebook.com/molexconnectors and read our blog at www.connector.com.
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