Future Electronics

Future Electronics Inc. is a distributor of electronic and electro-mechanical components headquartered in Pointe-Claire, Quebec. It was founded in 1968 by Canadian billionaire Robert Miller. By 1976, Miller became the sole owner of the company after he bought out his partner for $500,000.[2]

Future Electronics
TypePrivate
IndustryElectronics
Founded1968
FounderRobert G. Miller
Headquarters237 Hymus Boulevard Pointe-Claire, Quebec, Canada H9R 5C7
Number of locations
170 offices in 44 countries
Area served
Worldwide
Revenue$5 billion USD (2014)[1]
Number of employees
5,500[1]
Websitehttps://www.futureelectronics.com/

Future Electronics is one of Quebec's largest privately owned companies[3] and is currently the third largest electronics distributor in the world.[4] It operates in 170 locations in 44 countries in the Americas, Europe, Asia, Africa and Oceania.[5]

It follows a business model that emphasizes zero debt and the willingness to buy and hold inventories, allowing the company to maintain positive relationship with component suppliers.[1] In 2014, its revenues were $5 billion.[1]

Future Electronics Headquarters in Montreal, Canada

See also

References
  1. Dolan, Kerry A. (31 March 2014). "Press-Shy Canadian Electronics Billionaire Robert Miller Breaks His Silence". Forbes. Retrieved 15 July 2015.
  2. "Robert G. Miller". Forbes. Retrieved 2022-12-14.
  3. "DeSoto lands electronics warehouse - Memphis Business Journal". Bizjournals.com. 2002-10-27. Retrieved 2013-09-04.
  4. "2021 Top 50 Electronics Distributors List". sourcetoday.com. Retrieved 2013-09-04.
  5. Caporicci, Claudio. "Future Electronics President Robert Miller Congratulates Austria Office on Their 20th Anniversary". PR.com. Retrieved 23 January 2022.


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