Multicomponent Manufacturing (MCM)
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Identiv Completes Thailand Manufacturing Transition, Unlocking Next-Generation Multicomponent Manufacturing for Advanced IoT Solutions
Prnewswire· 2025-12-18 12:00
Core Insights - Identiv, Inc. has successfully transitioned its manufacturing operations from Singapore to a new facility in Bangkok, Thailand, marking a significant milestone in its Perform, Accelerate, Transform (P-A-T) strategy [1][2][3] Group 1: Manufacturing Transition - The transition to Thailand establishes a highly efficient manufacturing operation, leveraging a strong workforce and competitive cost structure, which is expected to enhance operational excellence [2][5] - The Thailand facility is designed to support advanced Multicomponent Manufacturing (MCM), crucial for the next decade of IoT applications [2][4] Group 2: Strategic Importance of MCM - MCM is essential for evolving IoT applications from simple inventory management to complex systems like real-time location tracking and advanced security, integrating various components into advanced RFID- and BLE-enabled tags [4][6] - The expertise in MCM allows Identiv to rapidly prototype and commercialize complex systems, solidifying its competitive advantage in the IoT infrastructure [6] Group 3: Future Growth and Applications - The advanced capabilities at the Thailand facility will enable Identiv to commercialize next-generation IoT solutions, particularly in high-value sectors such as healthcare and logistics [5][6] - Identiv's solutions are integrated into over 2.0 billion applications globally, driving innovation across various industries including healthcare, consumer electronics, and smart packaging [8]