Avnet Silica News

The latest news from Avnet Silica

Keep up-to-date with the latest company news and announcements.

Important updates for Avnet Silica Customers

Brexit preparation at Avnet Components EMEA

Information for Customers and Suppliers regarding United Kingdom’s exit from the European Union     

Read more 

 
Avnet’s Response to News Reports about China’s Potential Restrictions to Rare Earth Elements

There have been numerous media reports regarding China potentially restricting its export of rare earth elements. Rare earth elements are a group of 17 chemically-similar elements that are critical to the manufacture of many products, including computer memory, rechargeable batteries, cell phones, fluorescent lighting, and electronics. According to news sources, China holds approximately 35% of global reserves of rare earth elements and accounted for 70% of global production in 2018.

In addition to monitoring media reports, our supply chain team has engaged directly with suppliers to gain their insight and perspective. We will continue to collaborate across our value chain with suppliers, customers, and other industry thought leaders to maximize our visibility on this complex matter.

 
Huawei-BIS Denial Order

The U.S. Department of Commerce, Bureau of Industry and Security (BIS), has added Huawei Technologies Co., Ltd. and certain Huawei affiliates and subsidiaries (collectively “Huawei”) to the Entity List, effective May 16, 2019.  Please see attached notification from BIS (Docket No. 190513445-9445-01).  Additionally, our major US-based OEM suppliers have advised Avnet, Inc., along with its subsidiaries and affiliates (collectively “Avnet”), that their products may not be resold to Huawei.  

As a result of this action, Avnet may not sell US products, technology or services (“items”) to Huawei without an export license or an equivalent authorization.  As an Avnet customer or channel partner, you also may not sell items, either as components or integrated into systems and/or modules, purchased from Avnet, directly or indirectly, to Huawei without a license, as such sales would be violation of BIS regulations covering re-exports or transfers of such items.    

For customers that purchase Huawei products impacted by the sanctions from Avnet, please note, Avnet may not sell products from Huawei while the sanctions are in force, except for remaining inventory stocked before May 16, 2019.

Avnet has implemented measures that we believe will effectively satisfy our legal obligations in light of these sanctions, including a block on any business activities involving any of these entities. Avnet will continue to audit Point of Sale reports for compliance with U.S. export rules and regulations. We encourage you to consult your own legal counsel with regard to your obligations. Thank you and we appreciate your focus on this important development. If you have any questions about the above statement, please contact your local sales or customer service contact.

 

Awards and Recognition

We are a valued partner of the industry's suppliers. Take a look at the awards and recognitions Avnet Silica received recently.