Digikey – Review, Networth

Digikey

Digikey is a very popular electronic parts manufacturer and distributor. They are an authorized distributor that has over two thousand four hundred suppliers. They are known to offer off-shelf delivery of items. 

In this article, I will be discussing the Digikey company and many other information related to them! Keep reading till the end to find out more information on the same!

About Digikey

About Digikey
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DigiKey Corporation which was formerly known as Digi-Key is an electronics parts manufacturing corporation. The company is owned by Ronald Stordahl. They are the 4th largest distributor of electronic components in the whole region of North America. 

The name of the company is a reference to “Digi Keyer Kit” – which was essentially a keyer kit (digital-electronic) that was developed by Ronald Stordahl himself. Digikey Thief River Falls is the location where it primarily operates its services. 

Origin Of The Company

Origin Of The Company
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After Ronald earned a degree in the course of Electrical Engineering from the University of Minnesota, he returned to his hometown – which was Thief River Falls, and took up working on Ham Radio. This was back during the early 1970s. 

He created a kit made of electronic parts which was primarily to improve the transmission of Morse Code through the medium of radio. 

Advancement

Shortly after, he began selling these kits to the other operators of Ham Radio. This made his small company branch off into manufacturing other forms of electronic components as well. It enabled his company to grow very quickly. 

Since then, Digikey kept growing and by the year 2018, they made a yearly revenue of $2.3Bn and had more than three thousand employees.

On September 29th of the year 2021, they reached another milestone. Digikey officially announced a partnership with the corporation QuickLogic – which is a company that operates on a fabless semiconductor. Now, Digikey locations are 10 in total, but the headquarters are in Thief River Falls. 

Products

These are a few range of products that Digikey offers to their customers as part of their service:

Cables & WiresConnectors
Circuit ProtectionPassives
Thermal Management, FansPower
TransducersOptoelectronics/LED
Automation & ControlEnclosures, Office & Hardware
Wireless & RFSemiconductors
Measurement & TestElectromechanical
SensorsOther Tools*

*There are a lot of other tools that Digikey offers for example Digikey Resistors, etc. The list of products mentioned above is only just a few of their offered services/products. To get the full list of products that they provide, you can visit https://www.digikey.in/en/products. 

Keep reading till the end to find out more information about the popular brand Digikey and its services!

Features Of Their Services

Features Of Their Services
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There are a lot of different types of services that Digikey provides for its clients. A few popular features of their offered services are:

Part Tracing 

Digi-Key offers a novel way of making it easy to verify the product of cut tape and provides a more convenient form of traceability in the supply chain of the customers. The cut strips are of a measurement of 200mm, sometimes even longer, and provide a unique ID of Part Tracing directly printed on the back of the carrier tape. 

This particular part tracing ID can be utilized in your user account of “My Digi-Key” and will aid you in retrieving all of the information about that particular piece of Cut Tape. 

Digital Solutions

Digikey also provides digital transformation ideas for businesses. This means that companies looking for M2M (Machine To Machine) connections can now broaden their horizons with the digital tech solutions provided by Digikey. 

They are ready to meet every business’s requirement of eProcurement to take the business to the next level. 

Integration & Design Services

Digikey has a wide network of firms that offer free development, design, prototyping, automation control, manufacturing, and services related to system integration. 

Media Transfer

Digi-Key also has the capacity to transfer products from the initial factory packaging to the more desirable forms of packaging. This process is going to be of much help to you when there are several components available in a single format. 

Digikey Mobile Application

Digikey Mobile Application
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The Digikey application provides access to its users to the shared in-stock electrical parts and components that they have. With the help of the app, you can now search for and order parts that you need for designing. It is available for both iPhone and Android devices

Features

Here is a list of some of the features that are available for this particular app:

  • get to see the stock availability and real-time pricing
  • make use of the app’s barcode scanner to find specific parts quickly
  • save several datasheets into your device and view them offline
  • get to view the specifications, videos, and photos of a product and more

Networth

Networth
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Digikey is ranked #119th in Forbes’ list of America’s Largest Private Companies. Their company has a net worth of $2.3Bn as of date.

Career

Digikey careers has a rating of 3.5/5 stars on Glassdoor and has been reviewed by a total of 259 anonymous people. Over fifty percent of the people recommend working at their Electronics stores.

Here is a list of some of the more popular Digikey jobs available at their retail stores:

  • Receiving Dayshift
  • Senior Editor of Video and Motion Graphics
  • Receiving Associate Snr.
  • Associate of Breakroom Associate
  • Industrial Engineer
  • Facilities Associate

To Wrap It Up!

To Wrap It Up!
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Digikey continues to serve quality manufacturing equipment to its clients which boosts the company even more. That was all for information regarding Digikey and other things related to their popular electronic manufacturing brand. 

Thank you for reading up till here. I hope you found the information about this topic useful.

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