Elcoteq Beijing Obtains Satellite Television Reception Equipment Manufacturing License
HONG KONG, May 6 /PRNewswire-Asia/ -- Elcoteq SE (HEL: ELQAV), a leading
electronics manufacturing services (EMS) company in the communications
technology industry, announces that the Ministry of Commerce of China has
granted the Elcoteq Beijing plant a license to manufacture satellite
television reception equipment. This license enables Elcoteq Beijing to
provide its customers with life-cycle support and full turnkey assembly
services for set-top boxes. The Elcoteq Beijing plant also assembles flat
panel televisions (TVs) as well as provides related supply chain management
and sourcing services.
As analogue TV broadcasts are being eliminated in various markets,
digitalization support for high definition TV has become more prevalent
throughout the world, and TV is used for multi-media and computing functions,
the set-top box market is expected to grow. Elcoteq is ready to address this
immense opportunity. The company started consolidating its Shenzhen plant with
its Beijing plant early this year, transferring the set-top box capacity of
the Shenzhen plant to Beijing. Elcoteq Beijing applied for the license to
manufacture satellite television reception equipment and planned for
deployment of supporting resources as soon as the project began, ensuring that
there was no production interruption or time lost in operations due to the
transition.
Elcoteq Beijing was established in 2000 in Beijing, China. It is one of
Elcoteq's three volume manufacturing plants in the Asia-Pacific region. The
plant specializes in box build and sub-assembly manufacturing for
communications products such as RF modules, engines, mobile phones, mobile
phone base station controllers (2G/2.5G/3G), data processing units, data
storage units, switching products, 3G interface boards, and message bus
interfaces. Along with manufacturing services, the company also supports
original equipment manufacturers (OEMs) with fully integrated solutions
comprised of collaborative design, manufacturing, engineering services,
sourcing, demand and supply chain management, and after-sales services,
including product repair and recycling, for the entire lifecycle of their
products. The plant is ISO 9001:2000 and ISO 14001:2004 certified and adheres
to Six Sigma, SA8000 and OHSAS18001 implementation. Elcoteq Beijing employs
over 1600 people. Besides Elcoteq Beijing, the Elcoteq Juarez, Mexico plant
also supports OEMs in the flat panel TV and set-top box markets.
"We are delighted that we are ready to manufacture set-top boxes for our
customers. We appreciate the support of Beijing's Business Development Area
(BDA), China's Ministry of Commerce, the local government, and our colleagues
who have helped our plant obtain this license in the short span of several
weeks," said Mr. Wang Zhou, general manager of Elcoteq Beijing.
About Elcoteq
Elcoteq SE is a leading electronics manufacturing services (EMS) company
in the communications technology field. It provides unique service offerings
that integrate consistent contract services globally with customized solutions:
product development services, supply chain management, NPI, manufacturing, and
after-market services for its customers' products. These products include
Personal Communications products such as mobile phones and their parts, Home
Communications products such as set-top boxes and flat panel TVs as well as
Communications Networks products such as base-stations, tower-top amplifiers,
and microwave systems. Elcoteq operates in 15 countries on 4 continents and
employs some 15,000 people. Consolidated net sales for 2008 totaled 3.4
billion euros (4.6 billion USD). Elcoteq SE is listed on the Nasdaq OMX
Helsinki Ltd. http://www.elcoteq.com , http://www.elcoteq-blog.com .
Further information:
Elcoteq SE
Carsten Barth
Director, Marketing and Communications
Tel: +41-41-728-0313
Andrea Roberts
Tel: +1-858-451-8666
Judy Tsang
Tel: +852-2486-7770