Promwad Innovation Company and Production Company Altonika, the Russian market's major players in the field of contract electronics development and contract electronics manufacturing, have signed a strategic partnership agreement.
This collaboration will create a unique set of services allowing to design new high-tech products for mass market that can compete with international peers.
Promwad Innovation Company implements a full cycle of electronics development, involving industrial design, printed and electrical circuit design, software development, testing, prototyping, putting into production and mass production support. Since 2004 the company has successfully completed over 150 projects for various segments of electronics market. Thanks to this partnership Promwad will be able to guarantee its customers high-quality samples and subsequent production based on world-class equipment.
Production Company Altonika is the largest contract manufacturer of electronics in Russia with the output volume of more than 4.5 million units per year to 600 kinds of products. The company carries out the supply of electronic components to complex, a full cycle of production, from PCB assembly to final assembly, test, testing and packaging.
Partnership between these two companies will reduce development and production costs and also time to market for the customers owing to the established process of interaction between Promwad and Altonika, compliance with technological standards of the manufacturer in the early stages of electronics development, electronic parts optimization, as well as use of proven supply chains.