CMS ELECTRONICS HAS RECOGNIZED THE NEED TO FURTHER DIVERSIFY THE BUSINESS AND EXPAND INTO NEW MARKETS TO ENSURE SUSTAINABLE GROWTH IN THE COMING YEARS.
In a comprehensive growth strategy, cms electronics is examining the possibilities that include vertical and horizontal integration and thus - in addition to the automotive and industrial sectors - the introduction of one or more additional pillars, the opening of a new production facility and the expansion of the business to Asia and the USA.
By implementing this strategy, cms electronics will be able to reduce its dependence on the automotive industry and diversify its sales sources to ensure sustainable growth in the coming years. The aim is to establish itself sustainably among the top 20 European EMS providers.
The already established foundation of the cms innovates electronics gmbh as a joint venture to cover the area of electronics development can be seen as the first step in the growth strategy of cms electronics.
What cms electronics' growth strategy includes and how it is to be implemented can be found in the detailed article. Request the entire article as a PDF here.
