Elcoteq Wins Electronics Manufacturing Asia 2007 Innovation Award

Elcoteq Wins Electronics Manufacturing Asia 2007 Innovation Award

April 27, 2007

    HONG KONG, April 27 /Xinhua-PRNewswire/ -- Elcoteq
Asia-Pacific (APAC) has been recognized as winner of the
Electronics Manufacturing (EM) Asia Innovation Award 2007
in the category of Contract Services. EM Asia is a key
trade publication in APAC. The awards ceremony was held in
Shanghai during NEPCON China on April 25, 2007. 

    Elcoteq won the award in the Contract Services
category, and was chosen as the winner among the ten
competing companies. All contestants are providers of
electronics manufacturing services to original equipment
manufacturers (OEMs). Elcoteq was awarded for its global
end-to-end solutions concept that includes product
development, sourcing, new product introduction, supply
chain management, global manufacturing, and after-sales
services.

    The EM Asia Innovation Awards program strives to
recognize and celebrate excellence in the Asian electronics
industry, inspiring companies to achieve the highest
standards and push the industry forward. Winners were
selected by an independent panel of judges who are experts
and leaders in their fields. Entrants were judged on the
following criteria: innovation and achievement, quality,
cost efficiency, setting challenging objectives and
outstanding achievements.

    The award was received by Mr. Bobby Wang, Elcoteq's
Sourcing Director, Personal Communications, and Acting
Sourcing Director, Home Communications. "This award is
a result of a dedicated Elcoteq team that has worked
together for many years and has successfully supported our
strategic customers to achieve their targets through
electronics manufacturing services in Asia," said Mr.
Wang. "Competition is intensifying in the
communications technology market and most manufacturers are
seeking solutions to cope with constantly shorter product
lifecycles and declining product prices. It's imperative
for us to understand our customers' needs in the longer
term to maintain their competitive positions."
 
    About Elcoteq

    Elcoteq SE is a leading electronics manufacturing
services (EMS) company with original design manufacturing
(ODM) capabilities in the communications technology field.
Elcoteq provides global end-to-end solutions consisting of
design, NPI, manufacturing, supply chain management, and
after-sales services for the whole lifecycle of its
customers' products. These products include terminal
products such as mobile phones and set-top boxes as well as
communications network equipment such as base-stations,
tower-top amplifiers, and microwave systems. The company
operates in 16 countries on four continents and employs
some 23,000 people. Elcoteq's consolidated net sales for
2006 totaled 4.3 billion euros. Elcoteq SE is listed on the
Helsinki Stock Exchange.  For more information visit the
Elcoteq website at http://www.elcoteq.com 


    For more information, please contact:

     Judy Tsang
     Elcoteq
     Tel:   [phone]
     Email: [e-mail]