MIPL-Logo

3decades

 

MIRA INFORM REPORT

 

 

Report No. :

507755

Report Date :

04.05.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

DIGI-KEY CORPORATION

 

 

Registered Office :

701 Brooks Ave S, Thief River Falls, MN 56701

 

 

Country :

United States

 

 

Year of Establishment :

1972

 

 

Legal Form :

Business Corporation (Domestic)

 

 

Line of Business :

Subject is a large-sized organization in the electronic parts and equipment companies industry located in Thief River Falls, MN.

 

 

No. of Employees :

3,600

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

A+

 

Credit Rating

 

Explanation

Rating Comments

A+

Low Risk

Business dealings permissible with low risk of default

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Exist

 

 

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

United States

A1

A1

 

Risk Category

ECGC

Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 

 


 

UNITED STATES - ECONOMIC OVERVIEW

 

The US has the most technologically powerful economy in the world, with a per capita GDP of $57,300. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.

In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.

Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.

The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.

Imported oil accounts for nearly 55% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.

The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.

Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2014, the direct costs of the wars totaled more than $1.5 trillion, according to US Government figures.

In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.

In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.

In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. In late 2013, the Fed announced that it would begin scaling back long-term bond purchases to $75 billion per month in January 2014 and further reduce them as conditions warranted; the Fed ended the purchases during the summer of 2014. In 2014, the unemployment rate dropped to 6.2%, and continued to fall to 5.5% by mid-2015, the lowest rate of joblessness since before the global recession began; inflation stood at 1.7%, and public debt as a share of GDP continued to decline, following several years of increases. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With US GDP growth below 2%, the Fed opted to raise rates three times since then, and in mid-June 2017, the range for the target rate stood at 1% to 1.25%.

 

Source : CIA

 

 


 

STATUTORY INFORMATION

 

Legal Name:

DIGI-KEY CORPORATION

Trade Name:

DIGI-KEY ELECTRONICS

ID:

2G-350

Date Created:

1972

Date Incorporated:

04/03/1973

Legal Address:

701 Brooks Ave S

Thief River Falls, MN 56701, USA

Operative Address:

701 Brooks Avenue South,

Thief River Falls, Minnesota 56701-2757, USA

Telephone:

Toll Free: 1-800-344-4539

218-681-6674

Fax:

218-681-3380

Legal Form:

Business Corporation (Domestic)

Email:

sales@digikey.com

applications.engineering@digikey.com

hr@digikey.com

publicrelations@digikey.com

Registered in:

Minnesota

Website:

www.digikey.com

Contact:

Ronald A Stordahl, Chief Executive Officer

David Doherty, President and Chief Operating Officer

Staff:

3,600

Activity:

NAICS 1: Other Electronic Parts and Equipment Merchant Wholesalers

SIC 1: Electronic Parts

 

 

BANKS

 

The company does not make its banking data public

 

 

HISTORY

 

The company was founded in 1972 by Ronald A Stordahl

Key Developments:

Neonode Inc.'s zForce AIR Touch Sensors Available Globally from Digi-Key Electronics

Nov 14 17

Neonode Inc.'s zForce AIR Touch Sensors are available for immediate shipment worldwide through Digi-Key Electronics, a global electronic components distributor, company new distribution agreement. The zForce AIR Touch Sensor provides a number of advantages over traditional touch technologies such as resistive, capacitive and camera-based solutions. zForce AIR Touch Sensors enable touch interaction on any type of display or surface of any shape, making it easy to add interactivity and differentiation to products with or without displays. zForce AIR Touch Sensor is a laser light based touch sensor that can be integrated and used in various applications. The sensor characteristics are high scanning frequency, low latency and good touch accuracy without the need for calibration. Touch functionality is provided without any glass or plastic film overlay. The result is a 100% optical transparency with consistent display image quality and no disturbing glare.AIR Touch Sensors are ideal for integration in a wide range of applications, such as: PCs/Tablets, TVs/Monitors, Printers, Mechanical key replacement, White goods, Smart furniture, Interactive mirrors, Elevator panels, eReaders, Instruments, Vending Machines, ATM/POS terminals, Robotics, Range finders, Collision detectors and much more.

 

Lantronix Announces Distribution Agreement with Digi-Key Electronics

Aug 15 17

Lantronix, Inc. announced that its IoT modules, embedded and device gateway solutions will be available for immediate shipment worldwide through Digi-Key Electronics as a result of a new distribution agreement. Lantronix has been delivering robust and secure connectivity solutions for machine to machine (M2M) and IoT applications for more than 25 years. Lantronix IoT embedded and device solutions are known for enabling industrial OEMs and their partners to dramatically simplify the development of connected products and deployment, and management of IoT projects.

 

ERP Power LLC and Digi-Key Electronics Sign Distribution Agreement

Jul 11 17

ERP Power LLC (ERP) has signed a distribution agreement with Digi-Key Electronics. ERP LED drivers deliver an icombination of programmable outputs, embedded intelligence, extensive dimmer compatibility, and the power density, at competitive cost. Surge protection devices and step-down transformers from ERP enable a variety of outdoor applications such as roadway lighting, parking areas, and sporting venues. The ERP PowerDigi-Key supplier center website will contain data sheets, product training modules, videos, application notes, technical design resources, and engineering tools to help ensure the most efficient and effective integration of ERP drivers into an LED lighting fixture design. ERP LED drivers are targeted at architectural, commercial and industrial applications requiring 10W to 260W of power with dimming, programming and connectivity to the Internet of Lights.

 

 

 

PRINCIPAL ACTIVITY

Digi-Key Corporation is a large-sized organization in the electronic parts and equipment companies industry located in Thief River Falls, MN.

Products/Services description:

Digi-Key Corporation, doing business as Digi-Key Electronics, distributes electronic components in North America, Europe, and Asia. It provides audio products; battery products; boxes, enclosures, and racks; cable assemblies; cables and wires; capacitors; circuit protection products; computers, office-components, and accessories; connectors and interconnects; crystals and oscillators; discrete semiconductor products; embedded computers; thermal management products; filters; hardware, fasteners, and accessories; inductors, coils, and chokes; industrial controls and meters; integrated circuits; isolators; kits; and line protection products, distribution products, and backups. The company also offers magnetics-transformer and inductor components; memory cards and modules; motors, solenoids, and driver boards/modules; networking solutions; optical inspection equipment; optoelectronics; potentiometers and variable resistors; power supplies-board mount; programmers and development systems; prototyping products; relays; resistors; RF/IF and RFID products; sensors and transducers; soldering, desoldering, and rework products; static control, ESD, and clean room products; switches; tapes and adhesives; test and measurement products; tools; transformers; and miscellaneous products.

 

Products

Semiconductors

Development Boards, Kits, Programmers

Discrete

Embedded Computers

Integrated Circuits (ICs)

Isolators

LED/Optoelectronics

RF, Wireless

Sensors, Transducers

Passives

Capacitors

Crystals, Oscillators

Filters

Inductors, Coils, Chokes

Potentiometers, Variable Resistors

Resistors

Thermal Management

Electromechanical

Audio

Fans

Industrial Controls

Motors, Solenoids, Driver

Relays

Switches

Power, Circuit Protection

Battery Products

Circuit Protection

Line Protection

Power Supplies

Transformers

Connectors, Interconnect

Cables, Wires

Test Products

Tools

Enclosures, Hardware, Office

Brands:

NA

Sales are:

Wholesale

Clients:

Digi-Key ships product to more than 170 countries worldwide from a single location in Thief River Falls, Minnesota, USA. Digi-Key serves design engineers and the prototyping market, as well as an expanding role in supplying production quantities for OEMs and contract manufacturers.

 

UNITED PARCEL SERVICE DE MEXICO SA DE CV

Mexico

 

Siemens Vdo S.A. De C.V.

Mexico

 

Has It Sc

Mexico

 

Sif America Sa

Paraguay

 

FUNDACION PARQUE TECNOLOGICO

Paraguay

 

Ciade Centrales Telefonica

Paraguay

 

Electronicagoia Cia Ltda.

Ecuador

Suppliers:

ROCKWELL AUTOMATION MONTERREY MANUFACTURING S DE RL DE CV

Mexico

 

Pounce Consulting SA De Cv

Mexico

Operations area:

National and International

The company imports from

Mexico

The company exports to

Worldwide

The subject employs

3,600 employees

Payments:

Regular

 

 

LOCATION

 

Headquarters :

701 Brooks Avenue South,

Thief River Falls, Minnesota 56701-2757

USA

Comments:

NA

Branches:

No branches found

Main Competitors

Interregional Sales Corporation

16084 Oakwood Heights Rd

New Ulm, Minnesota

USA

 

Maklad Enterprises, Inc

4767 Crown Ln

Saint Paul, Minnesota

USA

 

Te Connectivity Corporation

12685 31st Ave N

Minneapolis, Minnesota

USA

Related Companies:

NA

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Capital:

NA

Number of Shares:

1,500,000

Shareholders:

This is a private company. The company does not disclose information on shareholders. The following information has been obtained through private sources and could not be confirmed:

 

Major holder is Ronald A Stordahl.

Management:

Ronald A Stordahl, Chief Executive Officer

David Doherty, President and Chief Operating Officer

Ron Stordahl, Founder, Vice Chairman and Company Advisor

Krister Haggstrom, Vice President of Sales of EMEA and Asia Pacific

Michelle Gjerde, Director of Corporate Communications

Ian Wallace, Sales Director of United Kingdom and Ireland

Mark Blais, Chief Information Officer

Steve Tsukichi, Vice President of Marketing

Rick Trontvet, Administrator

 

 

FINANCIAL INFORMATION

The company does not make its financial statements public. The following information has been provided by private sources:

USD 2016

 

Revenue

3,5B

Cash flow

Normal

 

 

LEGAL FILINGS

 

Renewal History

Filing Date

Filing

5/2/1988

Annual Renewal - Business Corporation (Domestic)

06/14/1988

Annual Renewal - Business Corporation (Domestic)

8/11/1989

Annual Renewal - Business Corporation (Domestic)

03/21/1990

Annual Renewal - Business Corporation (Domestic)

5/3/1991

Annual Renewal - Business Corporation (Domestic)

6/10/1992

Annual Renewal - Business Corporation (Domestic)

09/20/1993

Annual Renewal - Business Corporation (Domestic)

10/19/1994

Annual Renewal - Business Corporation (Domestic)

8/7/1995

Annual Renewal - Business Corporation (Domestic)

08/29/1996

Annual Renewal - Business Corporation (Domestic)

07/17/1997

Annual Renewal - Business Corporation (Domestic)

07/27/1998

Annual Renewal - Business Corporation (Domestic)

01/13/2000

Annual Renewal - Business Corporation (Domestic)

6/8/2000

Annual Renewal - Business Corporation (Domestic)

10/23/2001

Annual Renewal - Business Corporation (Domestic)

09/17/2002

Annual Renewal - Business Corporation (Domestic)

1/1/2004

Business Corporation (Domestic) Annual Renewal Deferred

1/8/2004

Annual Renewal - Business Corporation (Domestic)

02/22/2005

Annual Renewal - Business Corporation (Domestic)

03/18/2006

Annual Renewal - Business Corporation (Domestic)

03/22/2007

Annual Renewal - Business Corporation (Domestic)

3/8/2008

Annual Renewal - Business Corporation (Domestic)

3/5/2009

Annual Renewal - Business Corporation (Domestic)

3/6/2010

Annual Renewal - Business Corporation (Domestic)

3/7/2011

Annual Renewal - Business Corporation (Domestic)

3/5/2012

Annual Renewal - Business Corporation (Domestic)

3/10/2013

Annual Renewal - Business Corporation (Domestic)

3/7/2014

Annual Renewal - Business Corporation (Domestic)

3/28/2015

Annual Renewal - Business Corporation (Domestic)

3/9/2016

Annual Renewal - Business Corporation (Domestic)

5/3/2017

Annual Renewal - Business Corporation (Domestic)

 

 

Filling History

Filing Date

Filling

4/3/1973

Original Filing - Business Corporation (Domestic)

4/3/1973

Business Corporation (Domestic) Business Name

 

(Business Name: Digi-Key Corporation)

07/16/1981

Registered Office and/or Agent - Business Corporation (Domestic)

8/3/1981

Business Corporation (Domestic) Active Status Report

3/7/1988

Registered Office and/or Agent - Business Corporation (Domestic)

7/12/1989

Business Corporation (Domestic) Restated Articles

7/12/1989

Business Corporation (Domestic) Change of Shares

 

 

Trademarks

DIGI-KEY

metal fasteners, namely hex-nuts; spacers, lock washer internal tooth, and screws for general purpose use, such use determined…

Owned by: Digi-Key Corporation

Serial Number: 74451686

 

THE POWER OF NOW

Catalog ordering service featuring electronic components and hardware; Computerized on-line ordering services in the field…

Owned by: Digi-Key Corporation

Serial Number: 77538641

 

RIGHT SIZE RIGHT NOW

Catalog ordering service featuring electronic components and hardware; Computerized on-line ordering services in the field…

Owned by: Digi-Key Corporation

Serial Number: 77538658

 

CHIP OUTPOST

On-line auction services

Owned by: Digi-Key Corporation

Serial Number: 77572135

 

ANOTHER GEEK MOMENT

Computerized on-line ordering services in the field of electronic components and hardware; On-line ordering services featuring…

Owned by: Digi-Key Corporation

Serial Number: 77624979

 

Image Trademark

Computerized on-line ordering services in the field of electronic components and hardware; On-line ordering services featuring…

Owned by: Digi-Key Corporation

Serial Number: 77624997

 

TOOLSXPRESS

Computerized on-line ordering services in the field of development tools for designing electronic products and devices;…

Owned by: Digi-Key Corporation

Serial Number: 77917795

 

CHIP OUTPOST

Computerized on-line ordering services in the field of electronic components and hardware; Computerized on-line retail store…

Owned by: Digi-Key Corporation

Serial Number: 77980516

 

REDEFINING DISTRIBUTION

Wholesale distributorships and retail store services featuring electronic components through mail order and electronic commerce…

Owned by: Digi-Key Corporation

Serial Number: 78156232

 

DIGI-KEY

Computerized on-line wholesale and retail store services and mail order catalogue services in the field of electronic components…

Owned by: Digi-Key Corporation

Serial Number: 78166311

 

DIGI-REEL

Electronic components, namely, capacitors, semiconductors, diodes, rectifiers, field-effect transistors, transistors, filters…

Owned by: Digi-Key Corporation

Serial Number: 78288049

 

PTM PRODUCT TRAINING MODULES ONLINE...ON DEMAND

Promoting the goods and services of others through on-line ordering and cataloging of those goods and services; Providing…

Owned by: Digi-Key Corporation

Serial Number: 78925303

 

DIGI-KEY

metal fasteners, namely hex-nuts, screws, spacers, washers, and lock washers

Owned by: Digi-Key Corporation

Serial Number: 85091846

 

DIGI-KEY

metal fasteners, namely, hex-nuts, screws, spacers, washers, and lock washers

Owned by: Digi-Key Corporation

Serial Number: 85094006

 

TECHZONE

Electronic publications, namely, a magazine featuring information about electronics recorded on computer media

Owned by: Digi-Key Corporation

Serial Number: 85111460

 

TECHXCHANGE

Computer services, namely, creating an on-line community for registered users to participate in discussions, get feedback…

Owned by: Digi-Key Corporation

Serial Number: 85117742

 

DIGI-KEY TECHXCHANGE

Computer services, namely, creating an on-line community for registered users to participate in discussions, get feedback…

Owned by: Digi-Key Corporation

Serial Number: 85117752

 

PURCHASINGPRO

providing information pertaining to procurement in the electronics industry

Owned by: Digi-Key Corporation

Serial Number: 85181252

 

PROCUREMINUTE

providing information pertaining to purchasing in the electronics industry; providing a web site featuring non-downloadable…

Owned by: Digi-Key Corporation

Serial Number: 85188713

 

DIGI-WIKI

Provision of information in the field of product development and design pertaining to electronics via the internet

Owned by: Digi-Key Corporation

Serial Number: 85202135

 

EEWIKI

Provision of information in the field of product development and design pertaining to electronics via the internet

Owned by: Digi-Key Corporation

Serial Number: 85216347

 

TECHZONE INTERACTIVE

Electronic publications, namely, magazines and e-zines featuring information regarding electronics recorded on computer…

Owned by: Digi-Key Corporation

Serial Number: 85353399

 

EE WIKI

Provision of information in the fields of electrical engineering and product development and design of electronics and software…

Owned by: Digi-Key Corporation

Serial Number: 85393724

 

SCHEME-IT

Cloud computing featuring software for use creating electronic circuit designs and other schematic drawings; Providing a…

Owned by: Digi-Key Corporation

Serial Number: 85475130

 

THE POWER OF 4

Catalog ordering service featuring electronic components and hardware; Electronic catalog services featuring electronic…

Owned by: Digi-Key Corporation

Serial Number: 85541340

 

FROM PROTOTYPE TO PRODUCTION

Distributorship services in the field of electronic components and hardware; Electronic catalog services featuring electronic…

Owned by: Digi-Key Corporation

Serial Number: 85575572

 

PROTOTYPE TO PRODUCTION

Distributorship services in the field of electronic components and hardware; Electronic catalog services featuring electronic…

Owned by: Digi-Key Corporation

Serial Number: 85575588

 

DYNAMIC CATALOG

Catalog ordering service featuring electronic components and hardware; Distributorship services in the field of electronic…

Owned by: Digi-Key Corporation

Serial Number: 85583979

 

DIGI-KEY DYNAMIC CATALOG

Catalog ordering service featuring electronic components and hardware; Distributorship services in the field of electronic…

Owned by: Digi-Key Corporation

Serial Number: 85584010

 

PURCHASE LIKE A PRO!

Distributorship services in the field of electronic components and hardware; Providing information pertaining to procurement…

Owned by: Digi-Key Corporation

Serial Number: 85586404

 

DESIGN-IT

Providing a website featuring non-downloadable software for creating printed circuit board layouts and designs and to design…

Owned by: Digi-Key Corporation

Serial Number: 85640001

 

WORLD'S LARGEST SELECTION OF ELECTRONIC COMPONENTS AVAILABLE FOR IMMEDIATE SHIPMENT!

Distributorship services in the field of electronic components and hardware; Electronic catalog services featuring electronic…

Owned by: Digi-Key Corporation

Serial Number: 85679403

 

HIGH PERFORMANCE DISTRIBUTION ON STEROID

Catalog ordering service featuring electronic components and hardware; distributorship services in the field of electronic…

Owned by: Digi-Key Corporation

Serial Number: 85864602

 

ELECTRONIC DESIGN ENTREPRENEUR

Distributorship services in the field of electronic components and hardware; Electronic catalog services featuring electronic…

Owned by: Digi-Key Corporation

Serial Number: 86099882

 

INNOVATION BEGINS HERE

Distributorship services in the field of electronic components and hardware; Electronic catalog services featuring electronic…

Owned by: Digi-Key Corporation

Serial Number: 86099885

 

ELECTRONIC DESIGN ENTREPRENEUR

Computer services, namely, creating an on-line community for registered users to participate in discussions, get feedback…

Owned by: Digi-Key Corporation

Serial Number: 86099889

 

INNOVATION BEGINS HERE

Computer services, namely, creating an on-line community for registered users to participate in discussions, get feedback…

Owned by: Digi-Key Corporation

Serial Number: 86099892

 

THE WORLD'S LARGEST SELECTION OF ELECTRONIC COMPONENTS IN STOCK FOR IMMEDIATE SHIPMENT!

Distributorship services in the field of electronic components and hardware; Electronic catalog services featuring electronic…

Owned by: Digi-Key Corporation

Serial Number: 86112161

 

DIGI-KEY CORPORATION ON THE GO!

Downloadable mobile application for mobile devices which permit users to locate supplier inventories, parts, hardware and…

Owned by: Digi-Key Corporation

Serial Number: 86258046

 

DIGI-KEY SIM IT

Providing temporary use of online non-downloadable software that allows users to design, create, and simulate electronic…

Owned by: Digi-Key Corporation

Serial Number: 86258057

 

 

Cases

Digi-Key Corporation v. AVX Corporation et al

Plaintiff: Digi-Key Corporation

Defendant: AVX Corporation, Panasonic Corporation, Panasonic Corporation of North America, Sanyo Electric Co., Ltd., Sanyo North America Corporation, Nippon Chemi-con Corporation, United Chemi-Con, Inc., Hitachi Chemical Co., Ltd., Hitachi AIC Inc., Hitachi Chemical Co. America, LTD., Nichicon Corporation, Nichicon (America) Corporation, KEMET Corporation, KEMET Electronics Corporation, Rubycon Corporation, Rubycon America Inc., Elna Co., Ltd., Elna America Inc., Matsuo Electric Co., Ltd., Toshin Kogyo Co., Ltd., Holy Stone Enterprise Co., Ltd., Milestone Global Technology, Inc., Vishay Polytech Co., Ltd., Taitsu Corporation, Taitsu America, Inc., Shinyei Kaisha, Shinyei Technology Co., Ltd., Shinyei Capacitor Co., Ltd., Shinyei Corporation of America, Inc., Nissei Electric Co., Ltd., Shizuki Electric Co., Inc., Soshin Electric Co., Ltd. and Soshin Electronics of America, Inc.

Case Number: 5:2018cv00184

Filed: January 9, 2018

Court: California Northern District Court

Office: San Francisco Office

County: XX US, Outside State

Presiding Judge: James Donato

Nature of Suit: Antitrust

Cause of Action: 15:1

Jury Demanded By: Plaintiff

 

Nitride Semiconductors Co., Ltd. v. Digi-Key Corporation

Plaintiff: Nitride Semiconductors Co., Ltd.

Defendant: Digi-Key Corporation

Case Number: 0:2017cv04359

Filed: September 22, 2017

Court: Minnesota District Court

Office: DMN Office

County: XX Outside US

Referring Judge: Leo I. Brisbois

Presiding Judge: Donovan W. Frank

Nature of Suit: Patent

Cause of Action: 35:271

Jury Demanded By: Plaintiff

 

 

UCC

No found

OFAC

Sanctions List Search

 

The company is not listed in the OFAC list.

 

SUMMARY

 

Founded in 1972, Digi-Key Corporation is a large-sized organization in the electronic parts and equipment companies industry located in Thief River Falls, MN.

 

The company has 3,600 full-time employees and generates an estimated USD 3,5 billion in annual revenue.

 

The company imports from Mexico, and exports worldwide, operating within national and international markets.

 

This has been an ACTIVE company incorporated in Minnesota in 1973.

 

 

 

RISK INFORMATION

 

DEBTS

Controlled

PAYMENTS

Regular

CASH FLOW

Normal

STATUS

ACTIVE

 

 

INTERVIEW

 

NAME

Sebastian

POSITION

Operator

COMMENTS

He confirmed address, estimated staff, history and activity.

 

 

 

 

 

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 66.62

UK Pound

1

INR 90.60

Euro

1

INR 79.86

USD

1

INR 66.70

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRI

 

 

Report Prepared by :

NIT

 


 

RATING EXPLANATIONS

 

Credit Rating

 

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

NT

No Trace

No recommendation can be done as the business is not traceable

 

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors are as follows:

 

·         Financial condition covering various ratios

·         Company background and operations size

·         Promoters / Management background

·         Payment record

·         Litigation against the subject

·         Industry scenario / competitor analysis

·         Supplier / Customer / Banker review (wherever available)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.