Future Electronics Inc. is a distributor of
electronic and electro-mechanical components headquartered in
Pointe-Claire
Pointe-Claire (, ) is a Quebec local municipality within the Urban agglomeration of Montreal on the Island of Montreal in Canada. It is entirely developed, and land use includes residential, light manufacturing, and retail. As of the 2021 ce ...
,
Quebec
Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirtee ...
. It was founded in 1968 by Canadian billionaire
Robert Miller. By 1976, Miller became the sole owner of the company after he bought out his partner for $500,000.
Future Electronics is one of Quebec's largest privately owned companies and is currently the third largest electronics distributor in the world.
It operates in 170 locations in 44 countries in the Americas, Europe, Asia, Africa and Oceania.
It follows a business model that emphasizes zero debt and the willingness to buy and hold inventories, allowing the company to maintain positive relationship with component suppliers.
In 2014, its revenues were $5 billion.
See also
* Competitor
Tech Data
Tech Data Corporation (commonly referred to as Tech Data) was an American multinational distribution company specializing in IT products and services headquartered in Clearwater, Florida. It merged with competitor Synnex to form TD Synnex. Sy ...
* Competitor
CDW
CDW Corporation, headquartered in Lincolnshire, Illinois, is a provider of technology products and services for business, government and education. The company has a secondary division known as ''CDW-G'', devoted solely to United States govern ...
* Competitor
Synnex
Synnex was an American multinational corporation that provides information technology (IT) services to businesses. It merged with competitor Tech Data to form TD Synnex. It was founded in 1980 by Robert T. Huang and based in Fremont, Cali ...
References
External links
Future Electronics
Electronic component distributors
Electronics companies of Canada
Companies based in Pointe-Claire
Business services companies established in 1968
1968 establishments in Quebec
Electronics companies established in 1968
{{tech-company-stub