Elcoteq is an electronics manufacturing services (EMS) company. The company provides its customers with services that cover the entire lifecycle of products, from product development to after-sales. The products are manufactures under the customer's brand.

Characteristic of the communications electronics business is its rapid pace, along with intense competition and large fluctuations in business volumes, all of which makes forecasting challenging in this sector. OEMs increasingly need external partners to supplement their own resources and ensure their competitiveness. By outsourcing the customers can focus on their core business.

In 2007 Elcoteq's largest customers were Ericsson, Nokia Mobile Phones, Nokia Siemens Networks, Philips, RIM, Sony Ericsson and Thomson. 

  


 
Development of the Electronics Market

The assembly value of the global electronics market amounted to roughly 1,000 billion US dollars in 2007. The communications technology segment represented some 230 billion US dollars of this total.

Both the end-markets and outsourcing have increased in recent years. The largest product segments outsourced were, as in previous years, communications, computers and consumer electronics. The EMS market grew by about 15 per cent in 2007 and is valued at roughly 177 billion US dollars in average. Further annual growth of more than 10 per cent is forecast for both the EMS and ODM markets during the forecast period until 2011.

With a market share of 7 per cent Elcoteq is the third largest EMS provider to communications technology companies and the largest European EMS company. Elcoteq's role is particularly strong in mobile manufacturing, where the company is the world's third largest EMS provider with a market share of 9 per cent.