Leeds-based semiconductor distributor on recruitment drive as it celebrates £39m growth

A Leeds-based global supplier of electronic components with offices across Europe, is seeking another 20 employees as the business continues to see significant international sales growth with revenues rising by over 139 per cent in the last year.

Founded in 2003, IC Blue supports the electronic manufacturing industry with component sourcing, excess inventory management and design automation software.

The business, which is 80 per cent export-based, has grown from a revenue of £7.9m in 2020, to £16.5m in 2021 and to £39.5m in 2022 – a rise of around 400 per cent in the last three years.

The business is currently recruiting for another 20 Yorkshire-based linguists and support staff to help manage customer relationships globally. IC Blue currently has 20-plus different language speakers in-house, servicing over 900 customers across 50 countries.

Matthew Ward, director of IC Blue, said: “Having spotted a gap in the component distribution sector, we have been able to take advantage of Yorkshire’s heritage as a semiconductor cluster, based on Premier Farnell’s legacy, and established ourselves as a leading independent supplier across Europe.”

“Sitting between direct manufacturer supply and mainline distribution, we have shaken up traditional semiconductor supply chains by providing accountable procurement services, designed to meet the needs of mid-sized businesses, and a reliable route to realising value from excess components and reducing waste of precious metals and components.

“We’re fortunate to have been supported by the Leeds City Council and the LEP, which recognised our potential to create more jobs for the region, and we’re now on the hunt for another 20 recruits to join our fast-growing team.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →