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Rick Hamada on CNBC’s Mad Money – IoT is Key-Element of Success

On Friday evening last week, Avnet CEO Rick Hamada talked to Jim Cramer in his show Mad Money about the second quarter fiscal year 2015 results. One of the key topics was the strong business in Europe as well as the strong role of Germany regarding the components business. According to Hamada the big number of innovations and the expansion of the Internet of Things (IoT), along with the high demand for sensors and servers are key elements of Avnet’s success.

Read the complete Avnet, Inc. Reports Second Quarter Fiscal Year 2015 Results here.