2022: A YEAR
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.
$12.6 billion in revenue since 2018
200% increase over the previous five years
9.5 billion parts shipped since 2018
350% increase over the previous five years
ESNA Top Independent Distributor
SourceToday Top Distributor
Houston Business Journal Largest Family-Owned Business
Houston Chronicle Best Private Companies
ESM China Top International Electronic Distributor
Smith was also named
Featured Electronic Components Distributor – EE Awards Asia
Outstanding International Branded Distributor – ASPENCORE
Inc. Best in Business – Inc.
The following Smith leaders were named Pros to Know by Supply & Demand Chain Executive:
Chief Trading Officer
Chief Operating Officer
Demand and Distribution
unique manufacturer part numbers shipped last year
year-over-year increase in IC sales
year-over-year increase in SSD sales
IC sales since 2018 are
than the previous five years.
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.
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
Learning and Development
– 50% year-over-year
Leadership Program courses available
learning sessions completed in 2022
average monthly visits to Smith University, our learning and development platform
Classes are available in English, Korean, Mandarin, and Cantonese.
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)
Careers and Tenure
increase in global workforce
employees were promoted in 2022
Smith received numerous awards recognizing our company culture and employee satisfaction.
Employer of Choice Award
Employee Engagement Award
Asia Pacific Employer Award
Best Companies to Work for in Asia
Comparably Best Company Compensation
Comparably Best Company Culture
Comparably Best Company Perks & Benefits
Comparably Best CEOs for Diversity
Comparably Best Companies for Diversity
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.