Richardson Electronics, Ltd. is a global manufacturer of engineered solutions, green energy products, power grid and microwave tubes, and related consumables; power conversion and RF and microwave components, including green energy solutions; tubes for diagnostic imaging equipment; and customized display solutions.
The company serves customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets....
Richardson Electronics, Ltd. is a global manufacturer of engineered solutions, green energy products, power grid and microwave tubes, and related consumables; power conversion and RF and microwave components, including green energy solutions; tubes for diagnostic imaging equipment; and customized display solutions.
The company serves customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company’s strategy is to provide specialized technical expertise and ‘engineered solutions’ based on its core engineering and manufacturing capabilities. The company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure.
The company’s products include electron tubes and related components, microwave generators, subsystems used in semiconductor manufacturing and visual technology solutions. These products are used to control, switch or amplify electrical power signals, or are used as display devices in a variety of industrial, commercial, medical and communication applications.
On January 24, 2025, the company sold a substantial portion of the assets of its Healthcare business to DirectMed Imaging, LLC (“DirectMed”), a Delaware limited liability company, and entered into an exclusive 10-year global supply agreement in which Richardson will supply DirectMed with repaired Siemens CT X-ray tubes. Additionally, the company will continue manufacturing a limited quantity of ALTA CT X-ray tubes exclusively for DirectMed under a supply agreement.
Geography
The company has operations in the following major geographic regions: North America, the Asia/Pacific, Europe and Latin America.
Business Segments
Power and Microwave Technologies (‘PMT’)
PMT combines the company’s core engineered solutions capabilities, power grid and microwave tube business with new disruptive RF, Wireless and Power technologies. As a designer, manufacturer, technology partner and authorized distributor, PMT’s strategy is to provide specialized technical expertise and engineered solutions based on the company’s core engineering and manufacturing capabilities on a global basis. The company provides solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics and aftermarket technical service and repair - all through its existing global infrastructure. PMT’s focus is on products for power, RF and microwave applications for customers in 5G, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. PMT focuses on various applications, including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, high energy transfer, high voltage switching, plasma, power conversion, radar and radiation oncology. PMT also offers its customers technical services for both microwave and industrial equipment.
PMT represents leading manufacturers of electron tubes and RF, Microwave and power components used in semiconductor manufacturing equipment, RF and wireless and industrial power applications. Among the suppliers PMT supports are Amperex, CDE, CPI, Draloric, Eimac, General Electric, Hitachi, Jennings, L3, MACOM, National, NJRC, Ohmite, Qorvo, Thales, Toshiba and Vishay.
PMT’s inventory levels reflect the company’s commitment to maintaining an inventory of a broad range of products for customers who are buying products for the replacement of components used in critical equipment and designing in new technologies. PMT also sells a number of products representing trailing edge technology. While the market for these trailing edge technology products is declining, PMT is increasing its market share. PMT often buys products it knows it can sell ahead of any supplier price increases and extended lead times. As manufacturers for these products exit the business, PMT has the option to purchase a substantial portion of their remaining inventory.
PMT has distribution agreements with many of its suppliers; most of these agreements provide exclusive distribution rights that often include global coverage. The agreements are typically long term and usually contain provisions permitting termination by either party if there are significant breaches that are not cured within a reasonable period.
PMT’s suppliers provide warranty coverage for the products and allow the return of defective products, including those returned to PMT by its customers.
In addition to third party products, the company sells proprietary products principally under certain trade names it owns, including Amperex, Cetron and National. The company’s proprietary products include thyratrons and rectifiers, power tubes, ignitrons, magnetrons, phototubes, microwave generators, Ultracapacitor modules and liquid crystal display monitors. The materials used in the manufacturing process consist of glass bulbs and tubing, nickel, stainless steel and other metals, plastic and metal bases, ceramics and a wide variety of fabricated metal components.
Green Energy Solutions (‘GES’)
GES combines the company’s key technology partners and engineered solutions capabilities to design and manufacture innovative products for the fast-growing energy storage market and power management applications. As a designer, manufacturer, technology partner and authorized distributor, GES’s strategy is to provide specialized technical expertise and engineered solutions using the company’s core design engineering and manufacturing capabilities on a global basis. The company provides solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics and aftermarket technical service and repair - all through its existing global infrastructure. GES’s focus is on products for numerous green energy applications such as wind, solar, hydrogen and Electric Vehicles, and other power management applications that support green solutions such as synthetic diamond manufacturing.
Canvys
Canvys provides customized display solutions serving the corporate enterprise, financial, healthcare, industrial and medical original equipment manufacturers markets. The company’s engineers design, manufacture, source and support a full spectrum of solutions to match the needs of its customers. The company offers long-term availability and prove custom display solutions that include touch screens, protective panels, custom enclosures, All-In-One computers, specialized cabinet finishes and application specific software packages and certification services. The company partners with both private label manufacturing companies and leading branded hardware vendors to offer the highest quality display and touch solutions and customized computing platforms.
The company has long-standing relationships with key component and finished goods manufacturers and several key ISO 9001 and ISO 13485 certified Asian display manufacturers that manufacture products to its specifications. supplier relationships, combined with the company’s engineering design and manufacturing capabilities and private label partnerships, allows the company to maintain a well-balanced and technologically advanced offering of customer specific display solutions.
Healthcare
Healthcare manufactures, repairs, refurbishes and distributes high value replacement parts and equipment for the healthcare market including hospitals, medical centers, asset management companies, independent service organizations and multi-vendor service providers. Products include diagnostic imaging replacement parts for CT and MRI systems; replacement CT and MRI tubes; CT service training; MRI and RF amplifiers; hydrogen thyratrons, klystrons, magnetrons; flat panel detector upgrades; pre-owned CT systems; and additional replacement solutions under development for the diagnostic imaging service market. Through a combination of newly developed products and partnerships, service offerings and training programs, the company can help its customers improve efficiency while lowering the cost of healthcare delivery. After the January 2025 sale of certain assets to DirectMed, the company manufactures and repairs CT tubes and sells them exclusively to DirectMed under a supply agreement.
Sales and Product Management
The company has employees, as well as authorized representatives who are not its employees, selling its products primarily in regions where the company does not have a direct sales presence.
The company offers various credit terms to qualifying customers, as well as cash in advance and credit card terms. The company establishes credit limits for each customer and routinely reviews delinquent and aging accounts.
Distribution
The company maintains over 100,000-part numbers in its product inventory database and the company estimates that more than 90% of orders received by 6:00 p.m. local time are shipped complete the same day for in-stock products. Customers can access the company's products on its websites, www.rell.com, www.canvys.com, www.rellpower.com, www.relltubes.com, and www.rellaser.com, through electronic data interchange, or by telephone. Customer orders are processed by the company's regional sales offices and supported primarily by one of its distribution facilities in LaFox, Illinois; Amsterdam, the Netherlands; Marlborough, Massachusetts; Donaueschingen, Germany; or Singapore, Singapore. The company also has satellite warehouses in Sao Paulo, Brazil; Shanghai, China; Bangkok, Thailand; and Hook, the United Kingdom. The company’s data processing network provides online, real-time interconnection of all sales offices and central distribution operations, 24 hours per day, seven days per week.
International Sales
During fiscal 2025, the company made approximately 56% of its sales outside the United States. The company continues to pursue new international sales to further expand its geographic reach.
Government Regulations
The company is subject to significant compliance obligations under privacy laws, such as the General Data Protection Regulation in the European Union and an expanding list of comprehensive state privacy and/or cybersecurity laws in the United States.
The company is also subject to various domestic and international export, trade and anti-corruption laws, such as the Arms Export Control Act, the International Traffic in Arms Regulations (‘ITAR’), the Export Administration Regulations (‘EAR’), anti-money laundering laws and regulations, and the trade and trade sanctions laws and regulations administered by the Office of the United States Trade Representative and the United States Department of the Treasury’s Office of Foreign Assets Control.
The company’s importation of products into the United States from China is subject to tariffs instituted and imposed from time to time by The Office of the United States Trade Representative.
History
Richardson Electronics, Ltd. was founded in 1947. The company was incorporated in 1986.
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