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June 4, 2015
While outsourcing manufacturing is not a new concept, contract electronics manufacturing gained significant traction in the mid-1990s, offering greater value than the traditional vertical manufacturing strategies (Accenture). Many OEMs realized that by outsourcing manufacturing and some, if not all, of their supply chain activities, they could be free to focus on core competencies and planning...
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Although light-emitting diodes (LED technology) have been in use for more than 50 years, recent developments have resulted in clean, reliable and highly efficient products. The total LED market grew from $12.5 billion in 2011 to $13.7 billion in 2012. According to a recent McKinsey report, “the lighting market is on a clear transition path...
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