FORT WORTH, Texas, Nov. 20, 2019 /PRNewswire-PRWeb/ — SPI Connects and Chip 1 Exchange have reached an agreement that allows Chip 1 to distribute SPI products globally.

SPI-Connects is a global manufacturer that is serving the electrical and electronic interconnect industries since 1984. The major markets include mil spec connector applications; industrial automation, power distribution, instrumentation, robotics, cellular/communication towers, alternative energy, oil & gas and our specialty, custom engineered interconnect solutions.

Mike Schmidt, Vice President of Sales and Marketing for SPI-Connects said, “We were looking for a new distribution partner based in Southern California when we met Chip 1 Exchange at a trade show, and it just clicked. Their structure, strengths and direction are a great fit with our own. We believe this will be a very productive relationship.”

Reliably and securely acquiring and storing data are critical functions in applications such as military, aerospace, vehicles and medical devices. The trend toward autonomous vehicles – air or ground-based – is creating a huge demand for data storage. SPI Connects products provide trusted solutions to address these rapid growth technologies.

Chief Operating Officer Damon Pouya said, “SPI-Connects products add new depth to our military and aerospace offerings. We believe they will also bring added value to our commercial sector customers. We look forward to joint success with SPI-Connects.”

Established in 2001 in Frankfurt, Germany and launching its U.S. operations in 2007, Chip One Exchange is a franchised distributor of electronic components for aerospace, medical, automotive, industrial, defense, mobile computing and consumer applications. In addition to component sales, Chip One offers design services, BOM analysis, inventory and lifecycle management.

If you would like additional information about this topic, please contact Pari Mah at 949-589-5400 x50102 or parim@chip1.com

SOURCE Chip 1 Exchange