Eastern Europe is emerging as a new global hub for the electronics manufacturing industry, according to a new report by Frost & Sullivan. Manufacturing is growing in Eastern Europe because of lower labor costs, increased foreign investment and the growth in the production networks in the region. The electronics manufacturing services market in eastern Europe will grow from about $9bn in 2006 to nearly $24bn in 2013.
Source: Purchasing, http://www.purchasing.com
Timely, incisive articles delivered directly to your inbox.