Elcoteq is the global Product Life Cycle Partner for its high-tech product and service companies. Engineering, Manufacturing, Fulfillment and After Market Services are the corner stones of Elcoteq’s extensive service offering. Customers can pick the services matching with their individual needs to optimize total cost of ownership and improve their supply chain flexilibility.
Elcoteq has a proven track record in electronics manufacturing services (EMS) and a global factory network coupled with modern manufacturing equipment and consistent systems and processes. Thus enabling Elcoteq to serve the high-volume consumer product and medium- to low-volume communication and control markets with excellent quality, high flexibility and prompt deliveries. The service requirements of Elcoteq’s customers tend to be different; some rely entirely on Elcoteq as their partner, while others use Elcoteq to cover only specific demands.
In 2009, Elcoteq's largest customers (in alphabetical order) were EADS, Ericsson, Funai, Huawei, Humax, Nokia Devices, Nokia Siemens Networks, Philips, Research in Motion (RIM) and Sony Ericsson.
Development of the Electronics Market
The estimated total assembly value of the global electronics market declined by roughly 15 percent at the annual level, dropping to 840 billion US dollars. Its value is expected to increase again in 2010 and reach the 1,000 billion US dollar milestone in 2011. Total after market service (AMS) spending is expected to grow roughly on par with the overall electronics market.
Computer, communication and consumer electronics continue to be the biggest product segments, but these segments have also lost quite a bit of value during the year as a result of the decrease in end-market demand. In coming years, non-traditional electronic
manufacturing service (EMS) markets, such as medical and industrial, are expected to gain a stronger foothold.
Elcoteq continues to hold strong position in the worldwide EMS industry. The company was ranked on 8th place of the world’s top 50 EMS providers in 2009 (source: annual research by Manufacturing Market Insider, MMI, March 2010). The ranking is done based on the yearly revenues of each company.
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