HONG KONG, April 2 /PRNewswire-Asia/ -- Elcoteq SE (HEL: ELQAV), a leading electronics manufacturing services (EMS) company in the communications technology industry, is the winner of the SMT 2009 VISION Award in the category of Contract Services for its Management of Corporate Responsibility program. The SMT VISION Awards recognize the people and products within the surface mount industry that serve as benchmarks of excellence. Sponsored by SMT magazine and in its 17th year, the award honors the finest examples of creative advancement in technology.
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Elcoteq's Corporate Responsibility initiative takes a proactive approach to comply with the principles of sustainable development based on the company's core values. Its services support original equipment manufacturers (OEMs) and all stakeholders to ensure compliance of corporate responsibility standards in operations throughout the whole supply chain, encompassing economic, social, and environmental requirements in different countries. Elcoteq reduces the OEM's burden to deal with vendors on these issues and expedites the necessary steps.
Award recipients are selected by a panel of industry experts who evaluate each submission based on how it relates to innovation, cost effectiveness, speed/throughput improvements, quality contribution, ease of use, maintainability and repairability, and technological advancement. The award was presented at a ceremony on March 30, 2009, in conjunction with the APEX trade show at the Mandalay Bay Hotel, Las Vegas, NV.
"Services are at the heart of the EMS industry. The value OEMs receive from an EMS provider's unique approach to service can make or break a product in the market. The Contract Services category was very popular this year, so I especially congratulate Elcoteq on winning this year's Vision Award,"said Gail Flower, editor-at-large, SMT magazine.
"Elcoteq is committed to working with its customers in all environmental issues. We are also continuously improving our own environmental performance and are pleased to have received this award," said Minna Aila, Director Corporate Responsibility and Investor Relations, Elcoteq S.E.
About Elcoteq
Elcoteq SE is a leading electronics manufacturing services (EMS) company with design capabilities and focuses on three businesses within the communications technology industry; Personal Communications, Home Communications and Communications Networks. It provides unique service offerings that integrate consistent contract services globally with customized solutions: product development services, supply chain management, NPI, manufacturing, and after-market services for its customers' products, e.g. mobile phones and their parts, set-top boxes and flat screen TVs, base-stations, tower-top amplifiers, and microwave systems. Elcoteq operates in 15 countries on 4 continents and employs some 19,000 people. Consolidated net sales for 2008 totaled 3.4 billion euros (4.6 billion USD). Elcoteq SE is listed on the OMX Nordic Exchange Helsinki. http://www.elcoteq.com , http://www.elcoteq-blog.com .
Further information:
Elcoteq SE
Carsten Barth
Director, Marketing and Communications
Tel: +41-41-728-0313
Andrea Roberts
Tel: +1-858-451-8666
Judy Tsang
Tel: +852-2486-7770