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Elcoteq exec: EMS industry prospects strong.


ESPOO, FINLAND -- Elcoteq chairman Antii Piippo believes the EMS industry has plenty of headroom head·room  
n.
1. Space above one's head, as in a motor vehicle, above a doorway, or in a tunnel; clearance.

2. Electronics Dynamic headroom.
 left, and that the Finnish manufacturer aims to grab its share by relocating production to low-cost regions.

"We have been the underdog because of our geographical position," Finnish magazine Suomen Kuvalehti Suomen Kuvalehti is a weekly Finnish magazine, published by Yhtyneet Kuvalehdet every Friday. The magazine has a circulation of 101 000 and its editor is Tapani Ruokanen. Suomen Kuvalehti aims to write broad articles about current topics.  reported Piippo as saying. Elcoteq needs to locate its product R&D closer to its customers, Piippo reportedly added.

The prospects for the industry are very strong, the magazine reported Piippo as saying. He noted that EMS production is growing at 10% per annum Per annum

Yearly.
, twice the rate of the broader electronics industry.

Piippo reportedly stated that industry revenues could triple as EMS companies expand their role and responsibilities. "The customer determines the product; the subcontractor One who takes a portion of a contract from the principal contractor or from another subcontractor.

When an individual or a company is involved in a large-scale project, a contractor is often hired to see that the work is done.
 designs and implements it."

Edited by Mike Buetow
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Industry NEWS
Comment:Elcoteq exec: EMS industry prospects strong.(Industry NEWS)
Author:Buetow, Mike
Publication:Circuits Assembly
Date:Apr 1, 2007
Words:128
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