Groundbreaking deal sees Tradeport Hong Kong win value added logistics services contract with Elcoteq,a global leader in electronics manufacturing services (EMS). Tradeport will provide inbound raw materials logistics management and post production service through Tradeport Hong Kong logistics centre, to serve Elcoteq's South China manufacturing facilities.
(PRWEB) June 10, 2004 -- Tradeport clinches deal with global EMS leader.
Tradeport Hong Kong has clinched a deal with the worlds leading electronics manufacturing services (EMS) provider Elcoteq in communications technology to provide a range of logistics services at its state-of-the-art logistics centre at Hong Kong International Airport.
Elcoteq Network Corporation is a leading global electronics manufacturing services (EMS) provider, which focuses exclusively on the communications technology industry. Elcoteq manufactures Terminal Products (e.g. mobile phone) and Communications Network Equipment for its OEM customers, and selected Tradeport to provide Vendor Managed Inventory services for its south China manufacturing facilities in Shenzhen and Dongguan.
It is a landmark deal for Tradeport and for the Hong Kong logistics industry as it proves that we can offer world class logistics solutions for the leading company in the EMS industry," said David Oldridge, Chief Executive Officer of Tradeport Hong Kong.
While China continues to build its hi-tech manufacturing base there is growing demand for high value added logistics services that mostly utilise airfreight. Tradeports Logistics Centre has attracted world class customers based on our flexible services, expertise and excellent location," he added.
Tradeport provides inbound and outbound logistics for Elcoteqs south China facilities, with components from overseas suppliers moving through Tradeport for final assembly in Dongguan and Shenzhen and finished products packaged and despatched from the Logistics Centre.
Elcoteq provides leading-edge value-added EMS solutions comprising product design, new product introduction, manufacturing, supply chain management and after-sales services to its customers who are leading communications products OEM companies. Elcoteq on-the-ground capabilities across all regions of the world enable its global customers to localize and local customers to globalize.
Services provided to Elcoteq by Tradeport include managing the flow of Elcoteqs sensitive electronic components materials in a temperature and humidity controlled environment, barcode all arrived component shipments and manage the First-In-First-Out (FIFO) storage. Return goods are partially handled through Tradeport.
About Elcoteq
Elcoteq Network Corporation is one of the largest electronics manufacturing services (EMS) companies in the communications technology field. Elcoteq provides globally end-to-end solutions consisting of design, NPI, manufacturing, supply chain management and after-sales services for the whole lifecycle of its customers' products. The company operates on three continents in 12 countries and has some 13,000 employees. Elcoteq's consolidated net sales for 2003 totalled MEUR 2,235.7. Elcoteq Network Corporation is listed on the Helsinki Exchanges. More information on the company is available at www.elcoteq.com.
About Tradeport
Tradeports customised logistics centre at Hong Kong International Airport will be able to handle air cargo and containerised cargo from sea and land. Inbound raw materials or finished products arriving in complete airline ULDs or 20-foot or 40-foot containers will be processed at a purpose built truck dock, fed via a marine terminal adjacent to the airport or by road. This is further supported by the investment into state-of-the-art building management systems along with advanced IT infrastructure. This enables full optimisation of assets and resources within Tradeports Logistics Centre.
Tradeports Hong Kong Logistics Centre with its 310,000 sq ft of floor space in Phase One. This incorporates space for 15,000 plus pallet positions with 20 loading bays. Phase 2 of the facility will be triggered by demand, between 2004 and 2006, with an additional 100,000 sq ft. to be able to cater for a total of 20,500 pallet positions. Following completion of Phase two, total space will amount to more than 410,000 sq ft.
Tradeports Stakeholders
Tradeport is owned by a consortium comprising of Hongkong Land, China National Aviation Corporation (CNAC), Fraport AG (Frankfurt Airport Services Worldwide), Schiphol Group (SG)
For further information, please contact:
David Oldridge,
Chief Executive Officer,
Tradeport Hong Kong
Tel: +852 2286 1332
Fax: +852 2754-3652
Email: david.oldridge@tradeport-hongkong.com
Henry A. Gilchrist
Director, Business Development & Marketing,
Elcoteq Asia Ltd
Tel. +852 2442 0628,
Fax +852 2443 4543,
Email: henry.gilchrist@elcoteq.com
For Media Enquiries please contact:
Russell Green,
RTG Communications
Tel: +852-2858-7176
Fax: +852-2893-3486
Email: rtgreen@netvigator.com
|
