Tech Data Diversifies U.S. Product Offering and Customer Base Through Its Consumer Technology Group
CLEARWATER, Fla. — (BUSINESS WIRE) — August 17, 2010 — Tech Data Corporation (NASDAQ: TECD)today announced it has expanded its product offering for consumer electronics retailers to include 3D TVs and Lenovo IdeaPad laptop PCs. Through its Consumer Technology Group, Tech Data is leveraging strategic relationships with leading hardware and software vendors to bring emerging and in-demand consumer-class products to its growing customer base of traditional brick-and-mortar retailers and Web-based e-tailers.
“The diversification of the products we sell and the customers we serve is a key component of Tech Data’s ongoing growth strategy,” said Tech Data Senior Vice President, U.S. Marketing Joe Quaglia. “In the last year, Tech Data has added more than 1,300 consumer electronics retailers nationwide to our customer base and broadened our line card to include thousands of new products through strategic retail distribution agreements with leading electronics manufacturers. The addition of 3D TVs from some of the industry’s leading manufacturers enhances our ability to capitalize on the emerging demand for exciting 3D products hitting the market. Meanwhile, Lenovo’s IdeaPad laptops better position Tech Data and our retailer customers to take advantage of the continued sales growth among consumer-class PCs.”
Tech Data Targets In-Demand Consumer Technologies
DisplaySearch, a global market research and consulting firm specializing in the display supply chain, forecasts 3.4 million 3D TVs will ship in 2010, with 42.9 million projected to ship in 2014. Consumer electronics retailers purchasing from Tech Data are well positioned to capitalize on the rising demand for 3D products. Tech Data offers authorized retailers access to 40- to 60-inch 3D LCD TVs, 3D glasses and Blu-ray Disc™ players. Tech Data also distributes a broad array of 3D-capable projectors.
According to market research firm IDC, the PC market is expected to grow at nearly 20 percent this year and “portable PCs will remain the driver of growth across consumer and commercial segments.”1 Lenovo’s IdeaPad laptops are the latest additions to Tech Data’s consumer-class mobile computing product offering, which includes laptops, notebooks, netbooks and other mobile computing devices from leading manufacturers.
Consumer Technologies At Tech Data
Tech Data provides retailers access to a broad and growing line card of consumer technologies from leading hardware and software producers, including:
- Computers – Laptop, notebook, netbook, tablet and desktop PCs from leading vendors like Apple, ASUS, Lenovo, Samsung and Toshiba
- Computer Components – PC memory, internal and external hard drives, video cards, flash drives, keyboards, mice and webcams from vendors like Kingston, LaCie, Logitech, Microsoft, PNY, Toshiba and Western Digital
- Home Video and Audio – LCD, LED and plasma HDTVs, displays, projectors and surround sound systems from leading vendors like BenQ, Canon, Epson, InFocus, LG, Mitsubishi, NEC, Optoma, Panasonic, Samsung, Sharp, ViewSonic, Vivitek and VIZIO
- Printers and Scanners – Home-office and portable printers, scanners and MFPs from vendors like Brother, Canon, DYMO, Fujitsu, HP, Kodak, Lexmark, OKI, Visioneer and Xerox
- Software – Personal, home-office and student software, including operating systems, anti-virus, productivity suites, bookkeeping, video and photo editing, and 2D and 3D design applications from vendors like Adobe, Autodesk, Corel, Intuit, Kaspersky, McAfee, Microsoft, Panda, Red Condor, Symantec and Trend Micro
- Home Networking – Wireless routers and accessories from vendors like Cisco, Edgecore, NETGEAR, TRENDnet and ZyXEL
- Consumer Electronics – MP3 players, portable DVD players, Blu-ray players, digital compact and SLR cameras, camcorders, digital picture frames, headphones, GPS units and digital voice recorders from vendors like Apple, Canon, Garmin, Kodak, Nikon, Olympus, Sharp and VIZIO
- Accessories – Notebook bags; camera bags; iPod, iPhone and e-book cases; TV and projector mounts; projector screens; AV cables; power supplies; battery backup and surge protectors; printer consumables; and digital media and data storage products from vendors like 3M, APC, Belkin, Cables To Go, Chief, Imation, Kensington, Maxell, Monster, Naneu, Planar, Targus, Tripp Lite and SIIG
To learn more about consumer electronics distributed by Tech Data, retailers can call the Consumer Technology Group at 800-237-8931, ext. 77755, or send e-mail to Email Contact.
About Tech Data
Tech Data Corporation (NASDAQ GS: TECD) is one of the world’s largest distributors of technology products from leading IT hardware and software producers. Tech Data serves more than 125,000 IT solution providers in over 100 countries. Every day, these resellers depend on Tech Data to cost-effectively support the technology needs of end users, including small and medium businesses (SMB), large enterprises and government agencies. Ranked 109th on the FORTUNE 500(R), Tech Data generated $22.1 billion in net sales for its fiscal year ended January 31, 2010. To learn more, visit www.techdata.com.
1 IDC-Press Release, "Strong Mainstream Notebook Sales, Emerging Market Growth Expected To Help Propel PC Market To 20% Growth in 2010, According to IDC," June 15, 2010
Contact:
Tech Data Corporation
Jarred LeFebvre, (800) 305-3374
Email Contact