Elcoteq SE, an integrated electronics manufacturing services company with original design manufacturing capabilities in the communications technology field, is streamlining and simplifying its organization as of January 1, 2008, which is in accordance with its action plan that was announced in October 2007.
With the new organization, the company aims to improve its ability to respond to its customers' developing needs in all business areas. In addition, the aim is to clarify responsibilities, speed up decision-making and improve Elcoteq's cost structure in an increasingly competitive situation.
The new organization consists of Group functions and three business areas that operate as profit centers – Communications Networks, Home Communications and Personal Communications. Group functions will support the business areas by ensuring that the operating model is globally consistent and that synergies between the business areas are utilized as efficiently as possible. The business areas will be responsible for their own customer accounts and operations related to these as well as supply chain management, and will continue to develop their businesses and service offering in their own business area.