Identiv has achieved a major milestone by finalizing its manufacturing transition to a new state-of-the-art facility in Bangkok, Thailand. This strategic move is poised to strengthen the company’s role in the growing Internet of Things (IoT) market and signals a new era for advanced product innovation.
Identiv Completes Manufacturing Transition to Thailand Facility
The recent consolidation of operations from Singapore to Thailand marks a significant achievement in Identiv’s Perform, Accelerate, Transform (P-A-T) strategy. By moving to a location with a skilled workforce and a competitive cost structure, Identiv is aiming for higher operational efficiency and quality. This transition is seen as a foundational step positioning the company as a manufacturing leader in the field of IoT solutions.
Advancing IoT With Multicomponent Manufacturing Capabilities
Identiv’s advanced manufacturing facility in Thailand allows the company to excel in Multicomponent Manufacturing (MCM). Unlike traditional single-component assembly, MCM enables the integration of components such as chips, sensors, and batteries into advanced RFID and BLE-enabled tags. This evolution is essential for next-generation IoT uses, ranging from real-time tracking to condition monitoring. With years of expertise, Identiv can rapidly prototype and commercialize complex, high-value solutions for critical industries.
Thailand Facility Sets Stage for Identiv’s Future IoT Growth
The new Thailand site is engineered for future growth, offering Identiv a strategic advantage in the IoT space. The facility’s advanced capabilities support expansion into specialized areas like healthcare and logistics. Through its leadership in high-value, multicomponent designs, Identiv is ready to support global connectivity for businesses and consumers alike. The company’s bold step reflects its vision to shape the next decade of IoT innovation.
In summary, Identiv’s completion of the Thailand manufacturing transition positions the company at the forefront of IoT development. By embracing advanced multicomponent manufacturing and leveraging their state-of-the-art facility, Identiv is well-placed to drive innovation and growth in the rapidly evolving world of connected solutions.
Don’t miss our latest Startup News: Nagarro Strengthens US Presence With Strategic CHTS Acquisition
