NTE Electronics Business Status Update - Addressing Market Rumors

2024-07-10

Official Statement: NTE Electronics Closure & Make3dbest's Transition Plan

After four decades of industry service, we regret to confirm NTE Electronics Inc. has ceased operations, as verified by their official LinkedIn announcement. While this marks the end of an era for the electronic components sector, Make3dbest Electronics has been proactively preparing for this transition.

Our Transition Strategy:
✔ Inventory Replacement Initiative - We've been gradually replacing NTE stock with alternative supply sources
✔ Part Number Conversion - Existing NTE-XXXX references will transition to VET-XXXX numbering
✔ Case-by-Case Evaluation - Each component line is being individually assessed for replacement viability

Key Considerations for Customers:
• Limited remaining NTE-packaged inventory available
• Retail packaging unavailable for replacement components
• Corporate/government accounts receive prioritized support

How We're Supporting the Market:

  • Maintaining cross-reference compatibility documentation

  • Offering technical consultation for component substitutions

  • Continuing support for all customer tiers (individual to enterprise)

For specific part inquiries or transition assistance, please contact our components team directly. We remain committed to serving the electronic components community with the same dedication we've demonstrated since 2021.