| Posted by Global SMT & Packaging on 13 November 2006 at 13:08
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Integrated Microelectronics Inc. (IMI), a Philippines-headquartered electronics manufacturing service (EMS) provider to some of the world’s leading original equipment manufacturers or OEMs, announced today that it will be exhibiting with its subsidiaries Speedy-Tech Electronics Ltd. and EAZIX Inc. at electronica 2006 trade show on November 14 to 17, 2006 in Munich, Germany. The IMI Group’s booth is located at Hall C3 Stand 218 of the Munich Trade Fair Center.
For the first time, IMI, Speedy-Tech and EAZIX will jointly exhibit their comprehensive next-generation electronics manufacturing solutions at Electronica 2006. The group will showcase its cost-effective design-to-manufacturing solutions that include high value original design manufacturing (ODM) capabilities in power electronics, short-range wireless technologies, and embedded systems; and advanced manufacturing capabilities in flip chip, substrate, and interconnect technologies.
Arthur R. Tan, president and chief executive officer of IMI, says, “We are aggressively expanding our business with European OEMs. They account for about 15 percent of our sales revenues and we are increasing their share of the pie by tapping companies in the fast-growing markets of communications, automotive, industrial, and medical electronics.”
Tan adds, “Asia is at the forefront of the EMS industry with Asia-based EMS companies handling more and more programs of OEMs all over the world. With our innovative technologies and cutting-edge facilities all over Asia backed up by the technical expertise of our advanced manufacturing technology center in Tustin, California, we hope to capture a sizeable portion of the total EMS opportunities for the region.”
Global EMS industry, which includes contract manufacturing and original design manufacturing (ODM) industries, is expected to expand at a compounded annual growth rate of 11.6 percent from USD 189.5 billion in 2005 to USD 328.4 billion in 2010 based on the report The Worldwide Electronics Manufacturing Services Market, Third Edition published by the Electronic Trend Publications (ETP), an electronics market research firm based in San Jose, California.
EMS providers and original design manufacturers (ODMs) have not come close to penetrating the majority of the electronics assembly market. In 2005, their penetration rate was only 23.4 percent of the total costs of goods sold of the original equipment manufacturers, rising to 29 percent in 2010 according to the ETP report.
The ETP report also says that North American and European EMS and ODM companies are expected to lose market share from 2005 to 2010. However, the share of Asia-based EMS and ODM companies will increase from 45 percent to 57 percent in 2010.
IMI, which belongs to the group of companies of Ayala Corporation (one of the Philippines’ largest and most diversified conglomerates), is a one-stop EMS provider offering core manufacturing capabilities as well as higher value competencies in design and product development, engineering, and supply chain management.
IMI will be promoting at Electronica 2006 its flip chip products, capabilities in surface mount technology (SMT) assembly with precision alignment, and box-build assembly services. Together with its ODM partner EAZIX, IMI will showcase its product realization capability through its wireless products and automotive camera module.
Speedy-Tech, an EMS and power electronics ODM with facilities in China, Singapore, and the Philippines, will be displaying its power electronics products that include power supplies for telecommunications and consumer applications.
About IMI.
IMI is a leading regional EMS provider and ODM serving some of the world’s largest original equipment manufacturers in the computing, communications, industrial, consumer, and automotive electronics markets. Established in 1980, IMI has progressed into a company offering core manufacturing capabilities (e.g. PCB assembly, sub-assembly, and complete product assembly services) as well as higher value competencies in design and product development, engineering, and supply chain management. IMI has manufacturing facilities in Laguna and Cebu in the Philippines, and design and engineering centers in Tustin, California; Manila, Philippines; and Tokyo, Japan. For more information, visit www.imiphil.com
About EAZIX.
EAZIX is the Manila-based design service and ODM arm of EMS provider IMI. It assists OEMs in product realization by leveraging its experience in the areas of hardware, embedded software, and mechanical design. Its design capabilities support the growing demand for R&D and product development outsourcing. For more information, visit www.eazix.com
About Speedy-Tech.
A subsidiary of IMI, Speedy-Tech is a well-established EMS provider and ODM of power electronics solutions, with production facilities in Singapore, China and the Philippines. It has a well-diversified base of customers spread over a wide spectrum of industries such as the IT, industrial equipment, banking equipment, medical devices, telecommunications and consumer electronics sectors covering the US, Europe and the Asia-Pacific region. For more information, visit www.speedy-tech.com.sg |
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