Flex : A shift is underway in electronics manufacturing
January 06, 2022 at 05:18 pm EST
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A shift is underway in electronics manufacturing
12/22/2021 - by Revathi Advaithi
Having largely operated in the shadows of their more famous brand-name clients, the $500 billion electronics manufacturing services (EMS) sector now stands at the vanguard of a sweeping transformation.1
A shift is underway in how brands and original equipment manufacturers (OEMs) engage their EMS providers. Long seen as an outsourced production workhorse, EMS players are now viewed as a strategic partner that can help their clients drive resilience, innovation, speed to market and sustainability. As businesses confront more complex challenges that they cannot solve alone, the industry has effectively become a platform of diverse capabilities to enable its clients to navigate a rapidly changing and hyper-competitive world. Never before has this partnership been so critical in the aftermath of the COVID-19 pandemic which has sparked reinvention and new ways of working.
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Written by
Revathi Advaithi
Chief Executive Officer
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Flex Ltd. published this content on 06 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 January 2022 22:17:04 UTC.
Flex Ltd. is engaged in providing a portfolio of manufacturing solutions and services. The Company operates through three segments: Flex Agility Solutions (FAS), and Flex Reliability Solutions (FRS). The FAS segment is comprised of various end markets, such as Communications, Enterprise, and Cloud (CEC), including data infrastructure, edge infrastructure and communications infrastructure; Lifestyle, including appliances, consumer packaging, floorcare, micro mobility and audio; and Consumer Devices, including mobile and high velocity consumer devices. The FRS segment consists of end markets, such as Automotive, including mobility, autonomous, connectivity, electrification, and smart technologies; Health Solutions, including medical devices, medical equipment, and drug delivery; and Industrial, including capital equipment, industrial devices, and renewables and grid edge.