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component
Closeup of electronic circuit board with electronic components
The grey market is essentially a group of suppliers (approved and/or unapproved) that are outside the normal distribution channels from the OEM. These suppliers trade components (incl. semiconductors) that may have been resold, returned, or become obsolete. While most components sold in the grey market are fit for purpose, the risks are greater than if...
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Graph of Copper price over a 2 year span
COVID-19 has affected many industries around the world including the freight industry, and as a result have increased their delivery times and freight costs. This has severely impacted electronic manufacturers over the course of 2020. This year, we expect this trend to continue as the annual increase of freight rate by courier companies will also...
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About Us

At Precision Electronic Technologies we believe in advancing manufacturing through innovation. It’s in our DNA to improve things because it’s not just about building products for us – we are passionate about building relationships with our customers and helping them succeed.