-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Tekmart Buys ZTE's Mobile Phone Manufacturing Assets in India
October 20, 2015 | Tekmart International, Inc.Estimated reading time: 1 minute
Tekmart International, Inc. announced the recent purchase of the PCB assembly assets of ZTE’s only manufacturing facility in India located in Manesar, a township of India’s Haryana state. According to Nigel Thomas, Director of Business Development for Tekmart, ZTE, a Chinese multinational telecommunications equipment company headquartered in Shenzhen, China, is divesting all of the location’s automated circuit board assembly capability that was previously planned for the mass production of mobile handsets.
ZTE is one of the top 5 manufacturers of mobile handsets in China, and top 10 globally. “The decision to liquidate high-volume circuit board assembly capability from this facility comes one year after ZTE India announced they were eyeing this Manesar location as a production centre for the 4.2 million phones the Chinese company plans to sell in India, annually. ZTE changed its course and decided to focus on the expansion of their advanced repair services of telecom products.”, according to Tekmart’s Asia Regional Manager, Kai Chang.
“The production assets we acquired from the ZTE facility are very capable equipment, very similar to what you would find on the production floor of Nokia, Samsung and Microsoft.”, Chang continued. In India, ZTE’s mobile phone sales is in fourth place, trailing behind South Korea’s Samsung, and two of India’s home-grown brands - Micromax and Karbonn.
The asset management division of Tekmart International has recently engaged in expanding its footprint in trading and surplus asset management. The division, which made the acquisition with ZTE, will rationalize the well-maintained assets of the Chinese manufacturer’s facility, located one hour outside of New Delhi, to its global client base. This acquisition comes at the wake of Tekmart’s acquisition of the production assets from a Foxconn injection molding plant in Hungary two months ago, and less than a year after the acquisition of Nokia’s mobile phone production lines the Finnish company had in Changwon, South Korea.
About Tekmart
Tekmart is a diversified industry leader utilizing a two-pronged approach to its business strategy: capital asset trading – buying and selling high-technology capital assets from the manufacturing floors of some of the most recognizable global OEM’s in the industry; and contract manufacturing through its subsidiary Tekmart Integrated Manufacturing Services (TIMS), which operates manufacturing facilities in Brazil and Mexico.
Suggested Items
Latest Test and Inspection Solutions from GOEPEL electronic at SMTconnect 2024
04/29/2024 | GOEPEL electronicGOEPEL electronic will be demonstrating automated test and inspection equipment at SMTconnect, taking place in Nuremberg from June 11 to 13, 2024.
SIA Commends CHIPS Act Incentives for Micron’s Manufacturing Projects in New York and Idaho
04/29/2024 | SIAThe Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by the U.S. Department of Commerce and Micron.
Real Time with… IPC APEX EXPO 2024: Tools, Training, and Trends in Manufacturing Engineering
04/25/2024 | Real Time with...IPC APEX EXPOGuest Editor Kelly Dack and Product Specialist Erik Bateham of Polar Instruments discuss Polar's latest technology, including their role in aiding manufacturing engineers. They highlight the advanced capabilities of Polar's tools and the critical role of signal integrity analysis, as well as the importance of accurate modeling in board manufacturing. Polar's unique training approach and demonstration contact details are also explored.
TTM Celebrates the Grand Opening of Its First Manufacturing Facility in Penang
04/25/2024 | TTM Technologies, Inc.TTM Technologies, Inc., a leading global manufacturer of technology solutions including mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and quick-turn and technologically advanced printed circuit boards (PCBs), officially opened its first manufacturing plant in Penang, Malaysia with an investment of USD200 million (approximately RM958 million).
Listen Up! The Intricacies of PCB Drilling Detailed in New Podcast Episode
04/25/2024 | I-Connect007In episode 5 of the podcast series, On the Line With: Designing for Reality, Nolan Johnson and Matt Stevenson continue down the manufacturing process, this time focusing on the post-lamination drilling process for PCBs. Matt and Nolan delve into the intricacies of the PCB drilling process, highlighting the importance of hole quality, drill parameters, and design optimization to ensure smooth manufacturing. The conversation covers topics such as drill bit sizes, aspect ratios, vias, challenges in drilling, and ways to enhance efficiency in the drilling department.