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{{primary sources|date=September 2012}}
{{unsourced}}
{{Infobox company
'''Elcoteq SE''' ({{OMX|HEX24255|ELQAV}}) is an ] (EMS) company with ] (ODM) cababilities in the communications technology field.
| name = Insurance
| logo =
| type = Contract manufacturer
| company_slogan =
| traded_as = {{OMX|HEX24255|ELQAV}}
| founder =
| foundation = 1984<ref name=early/>
| defunct = 2011
| location = Luxembourg<ref name=lux/>
| key_people = Jouni Hartikainen ]
| num_employees =
| industry = ]
| products =
| services =
| revenue =
| divisions =
⚫ | homepage =
}}


'''Elcoteq SE''' was a ]<ref> reuters.com, Wed Apr 23, 2008 8:40am EDT</ref> consumer electronics ],<ref name=about/> ],<ref name=about> {{Webarchive|url=https://web.archive.org/web/20110220032251/http://www.elcoteq.com/en/About+us/frontpage.htm |date=2011-02-20 }} Elcoteq Official Site</ref> and ]<ref name=odm/> company headquartered in ].<ref name=lux> {{Webarchive|url=https://web.archive.org/web/20090501075100/http://www.elcoteq.com/en/About+us/History/frontpage.htm#2007%20Decision%20on |date=2009-05-01 }} Elcoteq Official Site</ref> The company filed for bankruptcy protection in Luxembourg on October 6, 2011.<ref> {{Webarchive|url=https://web.archive.org/web/20111008194859/http://www.elcoteq.com/elcoteq-network-sa-files-bankruptcy-parent-continue-controlled-management-process |date=2011-10-08 }} Elcoteq Official Site</ref>
Elcoteq provides products such as mobile phones and their parts, set-top boxes and electronics for flat screen TVs, tower-top amplifiers, and microwave systems.


It was a manufacturer of the ] and also performed repair and refurbishment services.<ref> {{Webarchive|url=https://web.archive.org/web/20110613190045/http://www.elcoteq.com/ams-business-segment |date=2011-06-13 }} Elcoteq Official Site</ref>
Elcoteq operates in 15 countries on four continents and employs some 24,000 people. The Group's consolidated net sales for 2007 totaled U.S. $6 billion (€4.0 billion). Elcoteq SE is listed on the OMX Nordic Exchange Helsinki. {{cn}}


==History==
Elcoteq’s customer base includes ], ], ], ], ], ] and ].
Founded in 1984 as a microelectronics unit of the Lohja Corporation,<ref name=early> {{Webarchive|url=https://web.archive.org/web/20090501075100/http://www.elcoteq.com/en/About+us/History/frontpage.htm#1984 |date=2009-05-01 }} Elcoteq Official Site</ref> the company became independent in an early 1990s ].<ref name=alone/>


Elcoteq made an ] on the ] in November 1997.<ref> {{Webarchive|url=https://web.archive.org/web/20090501075100/http://www.elcoteq.com/en/About+us/History/frontpage.htm#1997 |date=2009-05-01 }} Elcoteq Official Site</ref>
The manufacturing process takes place in the following locations: ], ]; ], ]; ], ]; ], ]; ], ] and ], ]; ], ]; ], ]; ], ]; and ], ].
Global service network: ]


It manufactured the ill-fated ] for ] in the late 2000s.<ref name=kin/>
Its headquarters are based in ], ] since 1.1.2008 after an announcement made on ] 2006.


On October 6, 2011, Elcoteq filed for bankruptcy in Luxembourg.<ref> {{Webarchive|url=https://web.archive.org/web/20120406225210/http://www.elcoteq.com/elcoteq-se-files-bankruptcy#2011 |date=2012-04-06 }} Elcoteq Official Site</ref> The loss of a major client, Nokia, to Asian sourcing outfits<ref>{{cite news | url=https://www.reuters.com/article/us-finland-economy-idUSBRE84H0CS20120518 | title=Nokia's woes cast doubt over Finnish model | work=reuters.com | date=May 18, 2012 | agency=Thomson Reuters | accessdate=October 1, 2012 | author=Ando, Ritsuko}}</ref> may have been a contributing cause.{{citation needed|date=October 2012}}
== See also ==
*]


===Production base expansion===
⚫ ==External links==
Its original production base was in ], Finland,<ref name=rapid/> and in 1992 it established an Estonian base.<ref name=rapid> {{Webarchive|url=https://web.archive.org/web/20090501075100/http://www.elcoteq.com/en/About+us/History/frontpage.htm#1992 |date=2009-05-01 }} Elcoteq Official Site</ref> By 1999 had expanded production to include non-European bases, too.<ref> {{Webarchive|url=https://web.archive.org/web/20090501075100/http://www.elcoteq.com/en/About+us/History/frontpage.htm#1998 |date=2009-05-01 }} Elcoteq Official Site</ref>
⚫ *


===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.<ref name=alone> {{Webarchive|url=https://web.archive.org/web/20090501075100/http://www.elcoteq.com/en/About+us/History/frontpage.htm#1990 |date=2009-05-01 }} Elcoteq Official Site</ref>
⚫ ]

==Clients==
The first Elcoteq customers were ] and ].<ref name=early/> Other clients have included:
* Aastra
* Ascom
* ]<ref name=market/>
* ]<ref> {{Webarchive|url=https://web.archive.org/web/20090501075100/http://www.elcoteq.com/en/About+us/History/frontpage.htm#year2008 |date=2009-05-01 }} Elcoteq Official Site</ref>
* ]<ref name=market/>
* ]<ref name=market/>
* ]<ref name=nc/>
* ]<ref name=market> {{Webarchive|url=https://web.archive.org/web/20101113144653/http://www.elcoteq.com/en/About+us/Elcoteq_market/frontpage.htm |date=2010-11-13 }} Elcoteq Official Site</ref>
* ]<ref name=cust/>
* ]<ref name=odm> {{Webarchive|url=https://web.archive.org/web/20090501075100/http://www.elcoteq.com/en/About+us/History/frontpage.htm#2004 |date=2009-05-01 }} Elcoteq Official Site</ref>
* ]<ref name=kin> reuters.com, Thu Jul 1, 2010 11:42am EDT</ref>
* ]<ref name=nc/>
* ]<ref name=cust/>
* Swissvoice
* ]<ref name=nc> {{Webarchive|url=https://web.archive.org/web/20090501075100/http://www.elcoteq.com/en/About+us/History/frontpage.htm#New%20customers |date=2009-05-01 }} Elcoteq Official Site</ref>
* ]<ref name=cust> {{Webarchive|url=https://web.archive.org/web/20090501075100/http://www.elcoteq.com/en/About+us/History/frontpage.htm#2007 |date=2009-05-01 }} Elcoteq Official Site</ref>

==Production bases==
Elcoteq has had production bases in Brazil, China, Estonia, India, Hungary, Romania, and Mexico.<ref name=pbase> {{Webarchive|url=https://web.archive.org/web/20101113144325/http://www.elcoteq.com/en/About+us/Geographical_areas/frontpage.htm |date=2010-11-13 }} Elcoteq Official Site</ref>

==References==
{{reflist}}

⚫ ==External links==
*


{{Portal|Companies}}
{{IT giants}}
{{euro-company-stub}}
{{tech-company-stub}}


⚫ ]
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⚫ ]
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Latest revision as of 21:22, 30 December 2024

This article relies excessively on references to primary sources. Please improve this article by adding secondary or tertiary sources.
Find sources: "Elcoteq" – news · newspapers · books · scholar · JSTOR (September 2012) (Learn how and when to remove this message)
Insurance
Company typeContract manufacturer
Traded asNasdaq Helsinki: ELQAV
IndustryEMS
Founded1984
Defunct2011
HeadquartersLuxembourg
Key peopleJouni Hartikainen CEO
Websitewww.elcoteq.com

Elcoteq SE was a Finnish consumer electronics contract manufacturer, EMS, and ODM company headquartered in Luxembourg. The company filed for bankruptcy protection in Luxembourg on October 6, 2011.

It was a manufacturer of the BlackBerry and also performed repair and refurbishment services.

History

Founded in 1984 as a microelectronics unit of the Lohja Corporation, the company became independent in an early 1990s management buyout.

Elcoteq made an IPO on the Helsinki Stock Exchange in November 1997.

It manufactured the ill-fated Microsoft Kin for Sharp Corporation 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, Finland, and in 1992 it established an Estonian base. 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.

Clients

The first Elcoteq customers were Ericsson and Nokia. Other clients have included:

Production bases

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

References

  1. ^ History: The Early Years; 1984–1990 Archived 2009-05-01 at the Wayback Machine Elcoteq Official Site
  2. ^ History: Decision on the New Domicile Archived 2009-05-01 at the Wayback Machine Elcoteq Official Site
  3. UPDATE 2-Elcoteq expects turn-around soon, shares up reuters.com, Wed Apr 23, 2008 8:40am EDT
  4. ^ About Us Archived 2011-02-20 at the Wayback Machine Elcoteq Official Site
  5. ^ History: 2004; Further Focusing and Expansion of Operations Archived 2009-05-01 at the Wayback Machine Elcoteq Official Site
  6. Elcoteq Network S.A. files for bankruptcy - parent to continue controlled management process Archived 2011-10-08 at the Wayback Machine Elcoteq Official Site
  7. AMS Business Segment: After Market Services Archived 2011-06-13 at the Wayback Machine Elcoteq Official Site
  8. ^ History: Going It Alone; 1990–1991 Archived 2009-05-01 at the Wayback Machine Elcoteq Official Site
  9. History: Investors Convinced – the Company Goes Public in 1997 Archived 2009-05-01 at the Wayback Machine Elcoteq Official Site
  10. ^ UPDATE 1-Elcoteq says Kin rollback does not change guidance reuters.com, Thu Jul 1, 2010 11:42am EDT
  11. History: Elcoteq SE files for bankruptcy Archived 2012-04-06 at the Wayback Machine Elcoteq Official Site
  12. Ando, Ritsuko (May 18, 2012). "Nokia's woes cast doubt over Finnish model". reuters.com. Thomson Reuters. Retrieved October 1, 2012.
  13. ^ History: Rapid Entrepreneurial Development; 1992–1997 Archived 2009-05-01 at the Wayback Machine Elcoteq Official Site
  14. History: International Expansion; 1998–2000 Archived 2009-05-01 at the Wayback Machine Elcoteq Official Site
  15. ^ Market Information Archived 2010-11-13 at the Wayback Machine Elcoteq Official Site
  16. History: Service Offering Expands Archived 2009-05-01 at the Wayback Machine Elcoteq Official Site
  17. ^ History: New Customers Archived 2009-05-01 at the Wayback Machine Elcoteq Official Site
  18. ^ History: More Challenges in 2007 Archived 2009-05-01 at the Wayback Machine Elcoteq Official Site
  19. Global Service Network Archived 2010-11-13 at the Wayback Machine Elcoteq Official Site

External links

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