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Identiv, Inc. completes Thailand manufacturing transition

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Identiv, Inc. completed a manufacturing transition that moved production from Singapore to a facility in Bangkok, and the company said the change established a manufacturing operation and was expected to drive operational excellence.

The move completed the Perform pillar of Identiv's Perform, Accelerate, Transform (P-A-T) strategy and concluded a two-year process; the company cited the location's strong workforce and competitive cost structure.

Internet of Things (IoT) applications expanded from inventory management and asset tracking to real-time location tracking, condition monitoring, and advanced security, and single-component inlays evolved into multi-component designs. The press release described Multi-Chip Module (MCM) as an important production method that enabled industrial-scale integration of chips, sensors, and batteries into advanced RFID- and BLE-enabled tags and linked MCM to the Edge Resource Allocator (ERA) of IoT manufacturing.

Identiv said its Thailand facility was positioned with MCM capability to support rapid commercialization of next-generation, high-value IoT solutions and to support continued growth.

“The completion of our Thailand production transition is a foundational milestone for Identiv as a pure-play IoT company, marking the end of a successful two-year process and delivering on a key strategic objective for operational excellence,” said Kirsten Newquist, CEO at Identiv. “By providing a state-of-the-art, high-quality and cost-efficient base, the Thailand facility is now the engine of our competitive advantage, engineered for the future of IoT and sustained, profitable growth.”

The company said it planned to rapidly commercialize next-generation, high-value IoT solutions and that MCM would play a role in expanding specialized IoT solutions, including advanced BLE capabilities for healthcare and logistics applications.

Press release, provided by Cision on behalf of Identiv. Read the original.

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