Electronic Contract Manufacturing and Design Services Market Foreseen to Grow by 2021
Electronic contract manufacturers use wide range of productive functions pertaining to component design, assembly of circuit board and hardware, product engineering, process engineering, procurement, product fulfillment, distribution as well as after-sales services. Outsourcing in electronics industry has evolved in a considerable manner during the past few years. The outsourcing providers manufacture specific products on contract basis. Through the economies of scale across contracts, the contract manufacturers can use operational expertise, cheap labor and more buying power which in turn leads...
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