High-level cooperation will deliver an expanded supply of electronic and electrical engineering solutions and services to the China market
Shanghai, China, 30 August 2016 - RS Components (RS), the trading brand of Electrocomponents plc (LSE:ECM), the global distributor for engineers, has announced an expansion of its strategic partnership with Phoenix Contact, a leading manufacturer of electrical components and system solutions for industrial and device connection, automation and electronic interface.
Building on the success of the global strategic partnership established in 2008, the two companies have expanded the scope of the agreement to high-level cooperation in China, where RS is poised to support Phoenix Contact’s future market expansion and development to capitalise on growing business opportunities.
"We are excited to have reached this new agreement with RS," said Gu Jiandang, President at Phoenix Contact (China) Holding Co. Ltd. "We believe that RS' unparalleled eCommerce capabilities and vast customer base in China will create brilliant synergies and opportunities for both our companies. Through RS' world-class online platform, we will be able to provide tailored solutions and services that are right for our end customers."
As an important eCommerce distribution partner for Phoenix Contact in China, RS will offer a broad range of Phoenix Contact products to its nationwide customer base, via the company’s eCommerce platform combined with the highest levels of customer service. Under the agreement, RS will expand Phoenix Contact's market presence in China, with an expanded product offering from around 24,000 to 30,000 products. The cooperation creates added value and choice for customers in the electronics and industrial sectors in China, who will be served from RS' state-of-the-art Shanghai warehouse.
RS is a global distributor and a one-stop shop for more than 500,000 parts and components globally. In addition to an extensive range of electronic products, the company also covers a broad array of industrial products serving needs from R&D, production, and maintenance-repair-operations (MRO), and is unique in its ability to meet customer requests for products in small quantities.
"Our partnership with Phoenix Contact is win-win," said Jürgen Lampert, Vice President APAC at RS. "Phoenix Contact has an outstanding and long-established reputation as a global leader in electrical engineering and industrial automation. Our high-level cooperation with Phoenix Contact supports our joint push for market acquisition in China with one of the highest levels of customer service available in the market today."
RS will fuse the partnership with customised commercial initiatives, focusing on customer acquisition, new product introduction and strategic customer development to bring the latest technological innovations to China on the award-winning eCommerce platform, bringing the best customer experience to the industry.
Phoenix Contact products are available online at http://china.rs-online.com/web/b/phoenix-contact/ complete with technical attributes information and product datasheets to enable easy and accurate product selection.
About RS Components
RS Components and Allied Electronics are the trading brands of Electrocomponents plc, the global distributor for engineers. With operations in 32 countries, we offer more than 500,000 products through the internet, catalogues and at trade counters to over one million customers, shipping more than 44,000 parcels a day. Our products, sourced from 2,500 leading suppliers, include electronic components, electrical, automation and control, and test and measurement equipment, and engineering tools and consumables.
Electrocomponents is listed on the London Stock Exchange and in the last financial year ended 31 March 2016 had revenues of £1.29bn.
For more information, please visit the website at www.rs-online.com.
About Phoenix Contact
Phoenix Contact is a multinational group and a world leader in electrical engineering and industrial automation. Phoenix Contact offers the broadest line of components, systems and solutions for its customers, achieving competitive advantage in the market. Phoenix Contact has nearly 50 subsidiaries and more than 30 sales partners worldwide. Today the group employs over 14,500 people, achieving a turnover of €1.91 billion in 2015.
Together with its customers and partners, Phoenix Contact designs solutions for the future, using trend-setting connectivity and automation technology. With almost 100 years of experience, Phoenix Contact is achieving tomorrow's intelligent production today.