Business
Partnership with Huawei
Partnership with Huawei.
About this update from Volex Plc
[{"type":"text","content":"\n RNS Number : 8040I Volex Group PLC 18 March 2010 \n \n\nVOLEX WORKS IN PARTNERSHIP WITH HUAWEI TO SUPPLY CABLE ASSEMBLIES TO EUROPEAN TELECOMS MARKET\n \n- Cable assemblies group provides flexible delivery and short lead times \nin a multi-million pound annual contract -\n \n18 March 2010: Volex Group plc, the global electrical and electronic cable assemblies group, has been selected by global telecom solutions provider Huawei as a local cable assemblies partner for European operations. The contract will see Volex utilise its global footprint to achieve a flexible delivery model for Huawei's mobile infrastructure projects across Europe. \n \nAs part of its growth strategy and to provide a faster service to customers in Europe, Huawei has recently invested in a local logistics centre in Hungary. With an established local presence, and the use of European contract manufacturers to perform the final assembly process, Huawei has achieved significant improvement on product turnaround times leading to lower unit costs and shorter lead times. \n \nFollowing the opening of the local logistics centre, however, the challenges surrounding cable assemblies and site installation still remained. In order to answer to the growing demand for sufficient 3G and 4G coverage throughout Europe, Huawei is installing its products over a vast number of base-station sites. During the installation process Huawei typically has only a short window to put the product in place with the appropriate cabling and interconnects; and with some of the interconnect requirements being site-specific, this can present a significant logistical challenge for the installation team as well as the cable supplier. \n \nConway Hui, General Manager, Volex China, comments, \"With the need to deliver bespoke cable assemblies at very short notice and at the lowest cost possible, Huawei has engaged with Volex as partner for Europe. Volex has already established manufacturing and installation operations in this region, and is capable of offering a flexible delivery model for telecoms cable assemblies - so is the natural choice for this challenge.\"\n \nVolex is supplying interconnect products to Huawei's European telecoms installations in an annual contract worth several million pounds. These interconnects will be applied as both s...