Where does SMT Technologies stand in the competitive landscape? What are SMT Technologies competitive advantages?
In order to be in line with the growth of our customers, we must continue to invest in the expansion and upgrading of our production facilities. As SMT Technologies is a relatively small EMS provider in the overall global EMS industry with limited financial resources, we focus on major market segments such as data storage, telecommunication and high-end consumer electronics. These market segments have high demand as well as high replacement rates. CP: Can you tell us about SMT Technologies’ new plant in Thailand? Thailand remains a very important market to us, primarily for the market segment we focus in, that is data storage. Prior to 2008, we served our customers in Thailand primarily through our plant in Malaysia. However, the competitive landscape has changed as our customers are looking for a more local kind of support. As a result, we opened a manufacturing plant in Thailand. This proximity grants us the capability of simultaneous production and timely delivery to our customers,