Monthly Archives: October 2015

Do You Know Where Your Electronics Come From?

Electronics take center stage in our homes and offices but people don’t often think about the companiesthat test, manufacture, distribute and provide repair services for them. This large, mysterious sector,known as the electronic manufacturing services (EMS) industry, is experiencing steady growth globally.

Did you know:

  • EMS is the largest segment in the manufacturing industry, with an estimated revenue of $1.75 trillion USD. Source
  • The EMS industry is estimated to grow to $639 billion in 2018 with a compound annual growth rate of more than 7 percent. Source
  • In 2014, EMS providers contributed to 73.6 percent of top 25 sales in the category, up from 70.2 percent in 2013. Source
  • Across all segments in the market, consumer electronics is experiencing the fastest growth, with an estimated compound annual growth rate of more than 11 percent in 2012. Source

New Kinpo Group (NKG), which was ranked as the no. 11 top contract EMS manufacturer for 2014*,predicts additional EMS growth will be fueled by the Southeast Asia market. Having been based in Taiwan for more than 40 years and in Southeast Asia for 20, we continue to invest throughout the region in order to offer customers greater flexibility, lower costs, faster delivery times and world-class product quality. Most recently, we opened a new factory in the Philippines. This highly-automated,vertically-integrated factory is dedicated to consumer product manufacturing.

Although many have long-realized the benefits of manufacturing in China—where NKG also has a presence—the EMS industry globally is just realizing the infinite manufacturing possibilities that exist in Southeast Asia. Thanks to our investment in the region, we saw these opportunities early on. As a result,the company’s international customers are able to capitalize on our robust infrastructure to better serve local customers. With our extensive knowledge of local markets, we’re able to vertically integrate supply chains and keep our design team close, drastically improving delivery time for our customers.

We’ve developed manufacturing facilities in Brazil and Mexico to extend our electronics excellence to even more customers. By emulating our success in Taiwan, lead time and overall cost is significantly decreased. Also, products produced locally face lower tariffs, which creates savings for both the company and the consumer.

For more on NKG’s global expansion, please visit our newsroom. Data about the growth of the EMS industry and NKG’s role in the space can be found at Manufacturing Market Insider.
*NKG is ranked as the no. 3 top contract EMS manufacturer when revenue is combined with Compal Electronics*

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The Maker Movement and Manufacturing Day Collide

Last week, we were thrilled to take part in the New York Maker Faire. The excitement was palpable as more than 90,000 attendees came together for a glimpse of the future and find the inspiration to become Makers themselves during the two-day event.

The Maker Movement has become a part of the New Kinpo Group DNA. In fact, in just a few days, we’ll travel to the West Coast for the San Diego Maker Faire where we’ll show off the latest in 3D printing and robotics from our subsidiaries XYZprinting and XYZrobot.

Maker Faires offer us an opportunity to be side by side with technology enthusiasts, crafters, educators, hobbyists, engineers, scientists, artists, students, commercial exhibitors and others who are part of this growing movement.

Across North America, the Maker Movement is inspiring tinkerers to become manufacturers and giving them the freedom and tools to envision a future much different than the world we live in today. New Kinpo Group is an electronics manufacturing company – one of the largest in the world – yet, we understand the importance of individual innovation and how manufacturing is evolving to a place where anyone can be a “Maker.”

We’re a proud endorser of Manufacturing Day not only because we understand the importance of manufacturing to the global economy, but because we understand how in the future, the lines between Makers and Manufacturers will continue to blur.

The most high-profile Maker tool to emerge so far is the 3D printer. According to Atmel, a telecommunications company and major backer of the Maker Movement, there are approximately 135 million U.S. adults who are Makers, and the overall market for 3D printing products and various maker services hit $2.2 billion in 2012. That number is expected to reach $6 billion by 2017 and $8.41 billion by 2020.

With our subsidiary, XYZprinting, we became the first company to make 3D printing affordable and accessible to consumers. Our products allow anyone to create all types of products for themselves or to fuel a small business. According to USA Today, Makers fuel business, pouring some $29 billion into the world economy each year.

On a larger scale, our factories in North America are helping to manufacture a variety of products for visionary entrepreneurs who want to turn passions into products and products into businesses. In addition to manufacturing capabilities, we bring a level of global supply chain expertise that can be found in few other places.

We understand that the future of our company and manufacturing fully depends on the next generation being ready, willing and able to become Makers. When you give makers the right tools and opportunity, they have the potential to change the world.

We hope that you’ll join us in supporting Manufacturing Day. To find an event near you, click here.