PENANG, MALAYSIA – Electronics manufacturer Escatec partnered with Zagreb, Croatia-based electronics design house Byte Lab. The deal enables Escatec to offer product development, design and prototyping services in Europe, while Byte Lab will be able to offer its customers manufacturing locations in Malaysia, Switzerland, the UK, the Czech Republic and the US.
“This partnership arose out of Escatec’s commitment and core value to always serve the best interests of our customers, and some customers have been indicating a desire to further control costs by shifting some product requirements closer to them in Europe,” said Charles-Alexandre Albin, director of strategic development, Escatec. “In Byte Lab’s case, some of its customers would like to scale up in a big way, which would require their products to be manufactured across a geographically diverse production footprint.
“We see this as a very significant development, as Byte Lab, in essence, becomes an extension of Escatec’s workbench, while Escatec becomes the exclusive mass manufacturing partner for Byte Lab. Our international business development team is delighted with this new partnership and are reporting a lot of interest from the market.”
Taking this new partnership into account, Escatec now has design and development centers in Heerbrugg, Switzerland and Zagreb, Croatia, and a production footprint encompassing multiple modern manufacturing facilities in Penang and Johor Bahru, Malaysia, Heerbrugg, Lutterworth, UK, Chomutov, Czech Republic, and Wisconsin.
No financial terms of the agreement were disclosed.
Escatec had 2021 revenue over US$300 million, with growth projected in 2022.