Elcoteq SE was a

Finnish Finnish may refer to: * Something or someone from, or related to Finland * Culture of Finland * Finnish people or Finns, the primary ethnic group in Finland * Finnish language, the national language of the Finnish people * Finnish cuisine See also ...

consumer electronics

contract manufacturer A contract manufacturer (CM) is a manufacturer that contracts with a firm for components or products (in which case it is a turnkey supplier). It is a form of outsourcing. A contract manufacturer performing packaging operations is called copacker ...

, EMS,About Us
Elcoteq Official Site and ODM company headquartered in

Luxembourg Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...

.History: Decision on the New Domicile
Elcoteq Official Site The company filed for bankruptcy protection in Luxembourg on October 6, 2011. It was a manufacturer of the

BlackBerry The blackberry is an edible fruit produced by many species in the genus ''Rubus'' in the family Rosaceae, hybrids among these species within the subgenus ''Rubus'', and hybrids between the subgenera ''Rubus'' and ''Idaeobatus''. The taxonomy of ...

and also performed repair and refurbishment services.

History

Founded in 1984 as a microelectronics unit of the Lohja Corporation,History: The Early Years; 1984–1990
Elcoteq Official Site the company became independent in an early 1990s

management buyout A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1 ...

. Elcoteq made an

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

on the

Helsinki Stock Exchange The Nasdaq Helsinki, formerly known as the Helsinki Stock Exchange ( fi, Helsingin Pörssi, sv, Helsingforsbörsen), is a stock exchange located in Helsinki, Finland. Since 3 September 2003, it has been part of Nasdaq Nordic (previously called ...

in November 1997. It manufactured the ill-fated

Microsoft Kin Kin was a short-lived mobile phone line from Microsoft designed for users of social networking. The phones, aimed at people between ages 15 and 30, were manufactured by Sharp Corporation and sold through Verizon Wireless. Microsoft invested two ye ...

for

Sharp Corporation is a Japanese multinational corporation that designs and manufactures electronic products, headquartered in Sakai-ku, Sakai, Osaka Prefecture. Since 2016 it has been majority owned by the Taiwan-based Foxconn Group. Sharp employs more than 5 ...

in the late 2000s. On October 6, 2011, Elcoteq filed for bankruptcy in Luxembourg. The loss of a major client, Nokia, to Asian sourcing outfits may have been a contributing cause.

Production base expansion

Its original production base was in

Lohja Lohja (; sv, Lojo) is a city and municipality in the Uusimaa region of Finland. The city has a population of 47,518 (2017), and it covers an area of of which , or 8.3 percent, is water. The population density of Lohja is . The municipality is ...

, Finland, and in 1992 it established an Estonian base.History: Rapid Entrepreneurial Development; 1992–1997
Elcoteq Official Site By 1999 had expanded production to include non-European bases, too.

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.
Elcoteq Official Site

Clients

The first Elcoteq customers were

Ericsson (lit. "Telephone Stock Company of LM Ericsson"), commonly known as Ericsson, is a Swedish multinational networking and telecommunications company headquartered in Stockholm. The company sells infrastructure, software, and services in informat ...

and

Nokia Nokia Corporation (natively Nokia Oyj, referred to as Nokia) is a Finnish multinational corporation, multinational telecommunications industry, telecommunications, technology company, information technology, and consumer electronics corporatio ...

. Other clients have included: * Aastra * Ascom *

EADS Airbus SE (; ; ; ) is a European multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace products worldwide and manufactures aircraft throughout the world. The company has three divisions: '' ...

Funai is a Japanese consumer electronics company headquartered in Daitō, Osaka. Apart from producing its own branded electronic products, it is also an OEM providing assembled televisions and video players/recorders to major corporations such as Sh ...

History: Service Offering Expands
Elcoteq Official Site *

Huawei Huawei Technologies Co., Ltd. ( ; ) is a Chinese multinational technology corporation headquartered in Shenzhen, Guangdong, China. It designs, develops, produces and sells telecommunications equipment, consumer electronics and various smar ...

Humax Humax (휴맥스) is a consumer electronics company. Founded in South Korea in 1989, it manufactures set-top boxes, digital video recorders and other consumer electronics. It is publicly traded on KOSDAQ. Listed on the Korean stock exchange (KO ...

Marconi Electronic Systems Marconi Electronic Systems (MES), or GEC-Marconi as it was until 1998, was the defence arm of General Electric Company (GEC). It was demerged from GEC and bought by British Aerospace (BAe) on 30 November 1999 to form BAE Systems. GEC then renam ...

Nokia Siemens Networks Nokia Networks (formerly Nokia Solutions and Networks (NSN) and Nokia Siemens Networks (NSN)) is a multinational data networking and telecommunications equipment company headquartered in Espoo, Finland, and wholly owned subsidiary of Nokia Corp ...

Market Information
Elcoteq Official Site *

Philips Koninklijke Philips N.V. (), commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters i ...

Research In Motion BlackBerry Limited is a Canadian software company specializing in cybersecurity. Founded in 1984, it was originally known as Research In Motion (RIM). As RIM, it developed the BlackBerry brand of interactive pagers, smartphones, and tablets ...

History: 2004; Further Focusing and Expansion of Operations
Elcoteq Official Site *

UPDATE 1-Elcoteq says Kin rollback does not change guidance
reuters.com, Thu Jul 1, 2010 11:42am EDT *

Siemens Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', '' ...

Sony Ericsson Sony Mobile Communications Inc. ( ja, ソニーモバイルコミュニケーションズ株式会社) was a multinational telecommunications company founded on October 1, 2001, as a joint venture between Sony Group Corporation and Ericsson. I ...

* Swissvoice *

Tellabs Tellabs, Inc. is a global network technology provider that providing services to both private and governmental agencies. History Tellabs traces its roots to a meeting in 1974 over a kitchen table in suburban Chicago. According to company founder ...

History: New Customers
Elcoteq Official Site *

Thomson SA Thomson may refer to: Names * Thomson (surname), a list of people with this name and a description of its origin * Thomson baronets, four baronetcies created for persons with the surname Thomson Businesses and organizations * SGS-Thomson Mic ...

History: More Challenges in 2007
Elcoteq Official Site

Production bases

Elcoteq has had production bases in Brazil, China, Estonia, India, Hungary, Romania, and Mexico.
Elcoteq Official Site

References

External links

Official website
{{Portal, Companies Electronics companies of Finland Companies formerly listed on Nasdaq Helsinki