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2022: A YEAR
IN REVIEW

Smith had our best year ever in 2022. From new locations and significant operational investments to heightened product demand and top-tier industry recognitions, we have cultivated our people, processes, and performance to validate our leading position in the semiconductor supply chain.

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Growth

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$12.6 billion in revenue since 2018

200% increase over the previous five years

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9.5 billion parts shipped since 2018

350% increase over the previous five years

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Recognition

#01

ESNA Top Independent Distributor

#07

SourceToday Top Distributor

#01

Houston Business Journal Largest Family-Owned Business

#05

Houston Chronicle Best Private Companies

#12

ESM China Top International Electronic Distributor

#4391

Inc. 5000

Smith was also named

  • Featured Electronic Components Distributor – EE Awards Asia

  • Outstanding International Branded Distributor – ASPENCORE

  • Inc. Best in Business – Inc.

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The following Smith leaders were named Pros to Know by Supply & Demand Chain Executive:

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Marc Barnhill

Chief Trading Officer

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Kirk Wehby

Chief Operating Officer

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Demand and Distribution

30K

unique manufacturer part numbers shipped last year

100%

year-over-year increase in IC sales

100%

year-over-year increase in SSD sales

IC sales since 2018 are

15x higher

than the previous five years.

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Expansion

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Our sales offices in Hong Kong, Shenzhen, Guadalajara, and Berlin expanded or relocated to larger spaces.

Q1 2023 Projects

  • Smith opened its fourth global distribution center in Singapore, adding 20,000 square feet of operational space.

  • Our Cluj-Napoca office is now 325% larger to accommodate our quadrupled workforce.

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Operations

Smith’s process-automation engineers performed workflow time studies to

identify inefficiencies in our processes and develop solutions to further improve our efficiency and effectiveness. As a result of these studies, we have:

  • Improved cycle times on our decapsulation process

  • Developed a new diode-testing process

  • And more to come in 2023

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Learning and Development

904

courses available

– 50% year-over-year

increase

Leadership Program courses available

130

45K

learning sessions completed in 2022

3K

average monthly visits to Smith University, our learning and development platform

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Classes are available in English, Korean, Mandarin, and Cantonese.

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Connections

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Smith attended and exhibited at

fourteen trade shows in 2022:

  • PMMC (Denver, CO, US)

  • AutoTech Detroit (Detroit, MI, US)

  • Evertiq Expo Berlin (Berlin, DE)

  • Mexico Auto Summit (Léon, MX)

  • Electronica India (Dehli, IN)

  • Electronica Munich (Munich, DE)

  • Evertiq Expo Warsaw (Warsaw, PL)

  • IIC Shenzhen (Shenzhen, CN)

  • Data Center World (Austin, TX, US)

  • CES (Las Vegas, NV, US)

  • Detroit Auto Show (Detroit, MI, US)

  • Autosens Brussels (Brussels, BE)

  • Latin American Electric Vehicle Show (São Paulo, BR)

  • NAB Show New York (New York, NY, US)

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Careers and Tenure

18%

increase in global workforce

employees were promoted in 2022

76

Smith received numerous awards recognizing our company culture and employee satisfaction.

JobMarket

Employer of Choice Award

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Employee Engagement Award

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Asia Pacific Employer Award

HR Asia

Best Companies to Work for in Asia

#60

Comparably Best Company Compensation

#71

Comparably Best Company Culture

#83

Comparably Best Company Perks & Benefits

#87

Comparably Best CEOs for Diversity

#93

Comparably Best Companies for Diversity

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CSR

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Smith employees around the world shared their time, money, and skills to improve the communities around them. Watch our CSR Highlights video to learn more about the ways Smith gave back in 2022.

2023 and Beyond

2022 was a year unlike any other, but we are far from finished. Our commitment to continuous improvement remains steadfast, and we head further into 2023 ready to develop and implement new ways to better serve our global customers. Thank you for your partnership, and we look forward to building new opportunities to connect your supply chains in the years to come.

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