Elcoteq
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Elcoteq SE was a Finnish[1] consumer electronics contract manufacturer,[2] EMS,[2] and ODM[3] company headquartered in Luxembourg.[4] The company filed for bankruptcy protection in Luxembourg on October 6, 2011.[5]
It was a manufacturer of the BlackBerry and also performed repair and refurbishment services.[6]
History
Founded in 1984 as a microelectronics unit of the Lohja Corporation,[7] the company became independent in an early 1990s management buyout.[8]
Elcoteq made an IPO on the Helsinki Stock Exchange in November 1997.[9]
It manufactured the ill-fated Microsoft Kin for Sharp Corporation in the late 2000s.[10]
On October 6, 2011, Elcoteq filed for bankruptcy in Luxembourg.[11] The loss of a major client, Nokia, to Asian sourcing outfits[12] may have been a contributing cause.Script error: No such module "Unsubst".
Production base expansion
Its original production base was in Lohja, Finland,[13] and in 1992 it established an Estonian base.[13] By 1999 had expanded production to include non-European bases, too.[14]
Name
Representing electronics, contract manufacturing, and technology, Elcoteq was the company's second choice after Finnish regulators would not allow it to register the name Mikrotec.[8]
Clients
The first Elcoteq customers were Ericsson and Nokia.[7] Other clients have included:
- Aastra
- Ascom
- EADS[15]
- Funai[16]
- Huawei[15]
- Humax[15]
- Marconi Electronic Systems[17]
- Nokia Siemens Networks[15]
- Philips[18]
- Research In Motion[3]
- Sharp Corporation[10]
- Siemens[17]
- Sony Ericsson[18]
- Swissvoice
- Tellabs[17]
- Thomson SA[18]
Production bases
Elcoteq has had production bases in Brazil, China, Estonia, India, Hungary, Romania, and Mexico.[19]
References
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- ↑ UPDATE 2-Elcoteq expects turn-around soon, shares up reuters.com, Wed Apr 23, 2008 8:40am EDT
- ↑ a b About Us Template:Webarchive Elcoteq Official Site
- ↑ a b History: 2004; Further Focusing and Expansion of Operations Template:Webarchive Elcoteq Official Site
- ↑ History: Decision on the New Domicile Template:Webarchive Elcoteq Official Site
- ↑ Elcoteq Network S.A. files for bankruptcy - parent to continue controlled management process Template:Webarchive Elcoteq Official Site
- ↑ AMS Business Segment: After Market Services Template:Webarchive Elcoteq Official Site
- ↑ a b History: The Early Years; 1984–1990 Template:Webarchive Elcoteq Official Site
- ↑ a b History: Going It Alone; 1990–1991 Template:Webarchive Elcoteq Official Site
- ↑ History: Investors Convinced – the Company Goes Public in 1997 Template:Webarchive Elcoteq Official Site
- ↑ a b UPDATE 1-Elcoteq says Kin rollback does not change guidance reuters.com, Thu Jul 1, 2010 11:42am EDT
- ↑ History: Elcoteq SE files for bankruptcy Template:Webarchive Elcoteq Official Site
- ↑ Script error: No such module "citation/CS1".
- ↑ a b History: Rapid Entrepreneurial Development; 1992–1997 Template:Webarchive Elcoteq Official Site
- ↑ History: International Expansion; 1998–2000 Template:Webarchive Elcoteq Official Site
- ↑ a b c d Market Information Template:Webarchive Elcoteq Official Site
- ↑ History: Service Offering Expands Template:Webarchive Elcoteq Official Site
- ↑ a b c History: New Customers Template:Webarchive Elcoteq Official Site
- ↑ a b c History: More Challenges in 2007 Template:Webarchive Elcoteq Official Site
- ↑ Global Service Network Template:Webarchive Elcoteq Official Site
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External links
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