Hong Kong - 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.
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