Elcoteq
| Former type | Contract manufacturer |
|---|---|
| Traded as | OMX: ELQAV |
| Industry | EMS |
| Founded | 1984[1] |
| Defunct | 2011 |
| Headquarters | Luxembourg[2] |
| Key people | Jouni Hartikainen CEO |
| Website | www.elcoteq-blog.com |
Elcoteq SE[3] (OMX: ELQAV) is a Finnish[4] contract manufacturer,[5] EMS,[5] and ODM[6] company headquartered in Luxembourg.[2] The company filed for bankruptcy protection in Luxembourg on October 6 2011.[7]
While it may well be a maker of the BlackBerry, it provides products and services to other companies–not consumers. One of its services is repair and refurbishment.[8]
Contents |
[edit] History
Founded in 1984 as a microelectronics unit of the Lohja Corporation,[1] the company became independent in an early 1990s management buyout.[9]
Elcoteq made an IPO on the Helsinki Stock Exchange in November, 1997.[10]
It manufactured the ill-fated Microsoft Kin for Sharp Corporation in the late 2000s.[11]
On October 6, 2011, Elcoteq filed for bankruptcy in Luxembourg.[12]
[edit] Production base expansion
While its original production base was in Lohja, Finland,[13] in 1992 it established an Estonian one[13] and by 1999 had expanded production to include non-European bases, too.[14]
[edit] 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.[9]
[edit] Clients
The first Elcoteq customers were Ericsson and Nokia.[1] Other clients have included:
- EADS[15]
- Funai[16]
- Huawei[15]
- Humax[15]
- Marconi Electronic Systems[17]
- Nokia Siemens Networks[15]
- Philips[18]
- Research In Motion[6]
- Sharp Corporation[11]
- Siemens[17]
- Sony Ericsson[18]
- Tellabs[17]
- Thomson SA[18]
[edit] Production bases
Elcoteq had production bases in Manaus,[19] Brazil;[20] Beijing[21] and Dongguan,[21] China;[20] Tallinn,[22] Estonia;[20] Pécs,[22] Hungary;[20] Bangalore,[21] India;[20] as well as Juárez[19] and Monterrey,[19] Mexico.[20]
[edit] References
- ^ a b c History: The Early Years; 1984–1990 Elcoteq Official Site
- ^ a b History: Decision on the New Domicile Elcoteq Official Site
- ^ History: 2005; New Name and New Plants Elcoteq Official Site
- ^ UPDATE 2-Elcoteq expects turn-around soon, shares up reuters.com, Wed Apr 23, 2008 8:40am EDT
- ^ a b About Us Elcoteq Official Site
- ^ a b History: 2004; Further Focusing and Expansion of Operations Elcoteq Official Site
- ^ Elcoteq Network S.A. files for bankruptcy - parent to continue controlled management process Elcoteq Official Site
- ^ AMS Business Segment: After Market Services Elcoteq Official Site
- ^ a b History: Going It Alone; 1990–1991 Elcoteq Official Site
- ^ History: Investors Convinced – the Company Goes Public in 1997 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 Elcoteq Official Site
- ^ a b History: Rapid Entrepreneurial Development; 1992–1997 Elcoteq Official Site
- ^ History: International Expansion; 1998–2000 Elcoteq Official Site
- ^ a b c d Market Information Elcoteq Official Site
- ^ History: Service Offering Expands Elcoteq Official Site
- ^ a b c History: New Customers Elcoteq Official Site
- ^ a b c History: More Challenges in 2007 Elcoteq Official Site
- ^ a b c Global Service Network › Americas Elcoteq Official Site
- ^ a b c d e f Global Service Network Elcoteq Official Site
- ^ a b c Global Service Network › Asia-Pacific Elcoteq Official Site
- ^ a b Global Service Network › Europe Elcoteq Official Site
