Committing to growth
Megatrend: Automotive Infotainment Microelectronics
Is your SMT factory ready for the increasing electronic automotive demands? As consumer interest shifts from engine performance to interior infotainment, the automotove microelectronics manufacuturing demands will continue to rise. The latest and upcoming electronic technologies in vehicles, i.e. navigation technologies, sensor controls, smart technologies in vehicle and cellular communication is creating urgency now more than ever to evaluate your manufacturing process.
Considering the rising demands for the latest electronic gadgets and the predicted growth in Electronic Vehicles (EV) and autonomous cars makes you question how much production you should be doing in-house for the most growth, higher profits and most efficient productivity. Automotive Electronics and IoT are in the midst of growth, and there are many expected changes in the very near future fueling this growth. Design activity will remain strong and that this will ensure new products enter now and in the coming years. Miniaturization of device footprint fuels innovation in printed-circuit board (PCB) designs.
Outsourcing manufacturing is no longer as cost effective as it once was, as labor costs are continuing to rise, as well as importing and exporting costs. Companies are finally realizing in order for the highest productivity, quality, and monetary gains, considering domestic manufacturing is the solution.
The electronics industry is an ever fast-changing world, and we are here to help you keep up with your business advancements and needs. What trends are you noticing? Have questions on how you can keep up in your industry? Let us know.