Electronics Production | December 05, 2008
BB Electronics eyes the CEE region
evertiq has made an interview with Mr. Knud Andersen, CEO of the Danish based EMS provider BB Electronics about the development in Europe, investments in the future and the general development for the company.
How do you see the development for BB Electronics in Scandinavia in general? The development for BB Electronics has in general been positive during 2008 and at present the company is operating at a satisfactory profitability level. The forecasts for 2009 look like a growth of 5 -10 % organically, which will be realistic to expect. Are you planning to get an even stronger presence in Scandinavia? BB Electronics has established its Technology Centre during the 1st half of 2008 and the response from the market has been very positive. Simultaneously, BB Electronics has set up a sales office in Sweden. BB Electronics will continue to work within the industry sectors of Telecommunication, Industry and Medical. Based on a flexible production in Scandinavia and China, we will primarily grow the activity in market contact / sales and in connection with ODM / Design for Manufacturing. Do you plan to expand into some other countries in Europe? Yes, we will set up in CEE once the timing is optimum. The timing will depend on the development of the financial crisis. The present crisis would also mean that acquisitions in CEE could become real in a relative short period of time. BB Electronics will currently continue to evaluate the possibilities. Do you plan to increase the number of employees? Not in general. Growth is expected within sales, the Technology Centre and in China. In the Danish sites, BB Electronics expects a stable number of employees combined with a constant increasing production through our intensive LEAN Programmes. Do you plan to invest in equipment and increase your capacity? Yes, BB Electronics can and will invest in equipment that in all cases can match the requirements that we are faced with, in connection with the more and more complex customer products. Which segments do you see is the biggest one for BB Electronics? Telecommunication and Industry. Nevertheless, we see very good leads in Medical and we expect Medical to grow in percentage terms more than the 2 other segments. Do you plan to enter some other segments as well? Not at present. BB Electronics’ strategy is to serve its customers with best in class performance – in form of small to medium batches with focus on delivery performance, flexibility, quality and technical competence. BB Electronics believes that the depression following the financial crisis will demand focus and will lead to intensified competition. BB Electronics is ready to take on this situation and thus we do not find it as a correct timing to start new segments in short time panic – this often fails. evertiq would like to thank everyone at BB Electronics, who has made this interview possible
dSPACE adds West Coast office Simulation and validation specialist dSPACE has opened a Silicon Valley office in San Jose, California as part of its strategic realignment.
Cogiscan, BasiCAE form strategic partnership Quebec-based Cogiscan Inc. has announced a partnership with China’s BasiCAE Technology, a provider of traditional shop control systems and software customization services.
Korea hits new record of industrial robots in operation The World Robotics report presented by the International Federation of Robotics (IFR) shows a new record stock of about 300,000 operational industrial robots in the Republic of Korea in 2018 (+10%).
Keytronic starts production at its new Vietnam facility Keytronic Corporation says it has started shipping product from its new Da Nang, Vietnam manufacturing facility.
USI's looking to accelerate expansion - acquires Asteelflash It looks like we’re ending 2019 with a bang. One of the worlds biggest EMS providers wants to acquire one of Europe’s largest electronics manufacturers.
Devon manufacturer adds capabilities in Dorset via acqusition Devon-based PCB manufacturer, EuroTech Group, is acquiring PCB manufacturer Lyncolec, based in Poole, Dorset.
Kyocera and TactoTek collaborate on IMSE solution Kyocera and TactoTek has singed a marketing agreement which aims to bring IMSE solutions to several new market segments, including industrial and automotive components, electronic devices, and more.
IPC: Unanimous approval of USMCA needed IPC issued a statement this week expressing support of the recently bi-partisan approval of the United States-Mexico-Canada Agreement (USMCA), and a strong desire for legislative approval by Canada, Mexico, and the U.S.
Nordson's CFO to retire in 2020 after 30 years with the company Nordson's Executive Vice President and Chief Financial Officer, Gregory A. Thaxton, plans to retire in 2020 after thirty successful years with the company, with the last 12 years as CFO.
KUKA restructures subdivision due to economic uncertainty KUKA is restructuring a subdivision in the Robotics segment that is responsible for automated manufacturing solutions such as cells and special machines.
PCB industry recovers slightly in Q3 PCB manufacturers in the D/A/CH region were able to increase sales sequentially in the third quarter of 2019 by 1.1%. However, sales figures are 11% lower than those recorded for the third quarter of 2018, reports the industry association ZVEI PCB and Electronic Systems.
Garz & Fricke moves into new HQ in Hamburg-Harburg Garz & Fricke GmbH continues to expand. As of late October, the business operations of the HMI and Panel PC specialist will be transferring to the new headquarters in in Hamburg-Harburg.
TF Massif Technologies taps new CEO British Columbia-based TF Massif Technologies has announced the appointment of Tom Peregoodoff as the company’s new chief executive officer.
DoJ: Google, Fitbit deal under review The U.S. Justice Department is looking into anti-trust issues concerning Google's bid to buy Fitbit Inc.
L3Harris Tech secures U.S. Marine Corps order L3Harris Technologies received a USD 50 million follow-on delivery order for Falcon III AN/PRC-160 HF radios and related equipment from the U.S. Marine Corps .
Metair completes Romanian lithium-Ion battery cell factory South African energy storage company, Metair Investments, says that its Romanian units Prime Batteries and Rombat have completed the installation of the group's first Lithium-Ion battery cell manufacturing and assembly facility in Bucharest, Romania.
£5m award marks ‘topping out’ of Cardiff research powerhouse An GBP 80 million Cardiff University powerhouse for Welsh scientific research has been ‘topped out’ by Bouygues UK – backed by over GBP5 million support from Welsh Government and industrial partners.
Advanced Energy expands with new lab near Frankfurt Advanced Energy Industries, Inc. has opened its Advanced Materials Processing (AMP) Showcase Lab near Frankfurt, Germany.
TTM Technologies unveils NY engineering center On the heels of its acquisition of manufacturing and IP assets from i3 Electronics Inc., TTM Technologies has announced the opening of a new engineering center in Binghamton, NY.
EU Commission to support pan-European battery development Seven member states will provide, in the coming years, up to EUR 3.2 billion in funding to support research and innovation in the common European priority area of batteries.
The pulse of the electronics industry Growth is slowing worldwide and the industry’s outlook is less optimistic than in previous quarters, although it is still generally positive, according to the results of IPC’s fourth-quarter 2019 Pulse of the Electronics Industry survey.
Teradyne delivers J750 semiconductor test system to Ardentec Teradyne has hit a milestone with the 6,000th shipment of the J750 family of semiconductor testers.
Season Group names new SvP for global business development Season Group has appointed Stephen Tsao as the company's new Senior Vice President, Global Business Development.
Zestron appoints new sales director Europe Mr. Adam Meinert recently joined ZESTRON as the Sales Director of Europe.Load more news