Gordon Hunter, the Chairman, President and CEO of Littelfuse, Inc. (LFUS), Interviews with The Wall Street Transcript

Wall Street Transcript

67 WALL STREET, New York - October 14, 2013 - The Wall Street Transcript has just published its Electronic Components Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Mobile Device Consumer Demand - Mobile Trends in Emerging Markets - Smartphone Operating Systems - Outsourcing and Offshoring Trends - Electronics Manufacturing Supply Chain - Automotive, Data Center and Mobile Spending

Companies include: Littelfuse Inc. (LFUS) and many more.

In the following excerpt from the Electronic Components Report, the Chairman, President and CEO of Littelfuse, Inc. (LFUS) discusses company strategy and the outlook for this vital industry:

TWST: Is the automotive market a major market for you?

Mr. Hunter: Absolutely, the automotive market is very important to us. It is changing very dramatically. There is a real focus on making cars much smarter. The three real drivers in the automotive world today are making cars safer, making them greener, and making them connected, and all of those drive a need for more circuit protection and more sensors.

There are more and more electronics in a vehicle, for example for lane control, even ultimately self-driving cars, but making a car safer in every way requires more sensors and an improved electrical system. The drive to make cars more fuel-efficient, whether it's a regular gas engine car or a hybrid or an all-electric vehicle, is a trend we see all over the world. In turn, this drives the need for different kinds of circuit protection and has been a huge boost to our automotive business over the last few years.

Lately, we are seeing cars with embedded connections so that the OEM can actually detect a potential fault in a car, it can send messages to the driver, and if the car is in an accident it can be located. They actually have embedded Internet into a car, not just when you take your smartphone into the car, but the car itself having embedded Internet is another trend that's happening pretty dramatically. So the automotive market is a very healthy market for us, and one where we expect to see...

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

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