Elcoteq’s vision is to be the world’s leading integrated electronics manufacturing servicesprovider to communications technology companies. Elcoteq believes that serving this specific segment will give the company a clear competitive edge.

The implementation of the strategy is based on expanding the service offering, focused
growth and operational excellence.

Expand Service Offering

  • Service offering from product development to after-sales covering the whole lifecycle of the products
  • Strengthening the service offering through a partnership network

Focused Growth

  • Organic growth and selected acquisitions
  • Balancing of the customer base by gaining new customers, especially from among the globally operating companies
  • Profitable growth and spreading of risks
  • New product segments within communications technology

Operational Excellence

  • Cost-efficiency: optimal resource allocation, volume manufacturing in cost-competitive countries, efficient sourcing and purchasing operations
  • Globally consistent service network with uniform procedures, machinery, systems and processes

IEMS Strategy

To support their business operations some terminal products customers, especially mobile phone manufacturers, need partners able to offer and independently manage a wider range of services i.e. to take a larger role in product supply chains. The reasons underlying this trend are more complex product structures and shorter product lifecycles. The main goal, apart from managing complexity, is to increase efficiency and speed in the supply chains.

Through its Integrated Electronics Manufacturing Services (IEMS) strategy, Elcoteq is giving special emphasis in the broadening of its service offering to increasing its mechanics expertise and services, and to strengthening product development services that combine both electronics and mechanics. Elcoteq has previously announced that, in addition to developing its own operations, this strategy could call for certain M&A arrangements or various forms of collaboration with other companies in the same field.