 In 2018, TTI acquired South Korean CHANGNAM, a specialty distributor of semiconductors principally focused on automotive, consumer electronics, industrial and wireless end markets, and RFMW Ltd., a RF and Microwave specialty component distributor headquartered in Silicon Valley, California.Subsequently the company announced the formation of the new subsidiary, TTI Semiconductor Group.Also in 2018, the company acquired Compona AG of Switzerland and Compona’s German subsidiary Cosy Electronics GmbH.