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Flex - Althofen

Faced with strong competition from low-cost regions, Flex in Althofen deployed 4IR technologies to meet higher regulatory and quality standards and improve operational efficiency and agility, unlocking access to a new high-margin and longer lifecycle medical business, ultimately resulting in 50% revenue growth and 93% profit growth.

Locations
Europe, Austria
Sector
Technology
Year published
27 September 2021
Timing
GLN - Wave 7
Initiative type
Lighthouse - Manufacturing
Organization
FLEX

Global Lighthouse Network

A World Economic Forum Initiative