Industry Overview
With rapidly changing electronic technology, faster innovation, progressively shorter product life cycles, and market demand increasingly beset with uncertainty, the internationally-renowned big brands have gradually turned to outsourcing for lower value-added and non-core manufacturing, distribution and maintenance, as a means of reducing costs, stimulating consumption, and increasing competitiveness, allowing them to focus on brand marketing, product development and other core competencies. Industrial development up to now has gone through several major reforms, with the production model gradually moving from vertical integration to disintegration. This trend has led to the emergence of the specialized electronics OEM industry, and Taiwan has even been called the “electronic products manufacturing OEM kingdom", and the Taiwan Luen Huei Electronics Co., Ltd. is representative of the electronics OEM industry.