Niche-type CCL supplier Ventec International has formed a strategic alliance with interconnect solutions vendor Bizlink and online EDA library and digital transformation services provider Footprintku aiming to create a one-stop service platform that can boost product development and shorten time-to-market.
The alliance is built on Footprintku's cloud database for electronics components, Bizlink's solutions and Ventec's materials, integrating the capabilities of new product introduction (NPI), design services and manufacturing assembly, according to statements by the firms.
The statements said the alliance will not only reduce the cost and time in searching for electronic components for product developers, but will also accelerate product evolution and facilitate industrial innovation by connecting highly flexible and customized electronics supply chains.
Ventec chairman Tony Lao stressed that the alliance will provide a shared platform for existing clients of the three parties, particularly those in the US and Europe, which in turn will help them faster expand customer bases in the markets.
Lao continued that what clients need is a platform that integrates the advantages of upstream components, mid-section designs and backend manufacturing, and therefore the platform will help the three parties cement long-term partnerships with clients by offering more convenient total solutions.
More alliances between highly heterogeneous segments are expected to emerge to better tap opportunities that abound in the electronics supply chains, according to industry sources.
