A new reality for high volume electronics manufacturing
About this Content
European countries have largely chosen to offshore manufacturing activities in favour of low-cost countries since the 1980s. Increases in the economic liberalisation and international trade in developing countries presented attractive low-cost markets to produce manufactured goods, such as electronics. Over time, developing markets were gradually able to supply more specialised production services, resulting from increased access to educational channels and the advancement of information and communication technologies, representing another step towards the downscaling of European mass-manufacturing activities. Fast-forward to the present day however, and the rising cost of labour and energy in traditionally low-cost countries, concerns over growing environmental issues, exposure to supply chain dependencies and vulnerabilities, and the increasing threat of the theft of intellectual property diminish the benefits of offshoring.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.