
The factory in Neunkirchen, Germany
Operational Overview
Neways emphasizes its custom-made solutions for the complete product life cycle (from product development to after-sales service) of both electronic components and complete (box-built) electronic control systems. Operating in a specific niche of the EMS market they look for small to medium-sized specialist customers where quality, flexibility and time-to-market play a crucial role. Neways products are used in sectors such as the Semiconductor, Medical, Automotive and Industrial. Production companies are located in the Netherlands, Germany, the Czech Republic, Slovakia, China and an Office in the United States, with a total of 2,700 employees. Neways recorded a net turnover of € 478.6 million in 2020. Neways manufacturing facilities are generally located in strategic locations of leading industrial and technological regions, close to customers. The head office is located at Science Park Eindhoven (Netherlands). Neways is part of Brainport, a top technology cluster in and around Eindhoven, which is also home to leading global manufacturing businesses such as ASML, NXP, VDL, FEI and Philips. Businesses in Brainport work closely with local authorities, technical universities and universities of applied sciences to maintain and extend the internationally leading competitive position of the region in the field of high-tech and innovation.Company Differentiators
Calling themselves ‘Intelligent EMS’, the company is a system integrator with strong knowledge of the technologies of their customer base. They provide road mapping for customer products, along with high level engineering support. They are not an ODM but have developed reference designs for complex systems.Strategic Growth Drivers
The opportunities for future growth for Neways come from the deployment of 5G, IoT and automation. These technologies will drive growth for the electronics industry, assuming the current challenges of material and talent shortages are overcome. Neways is benefiting from the reshoring trend as companies set up supply chains in Europe for European customers. They are building even stronger partnerships with their customers who want to leverage their expertise in miniaturization and design. They are doing more development work with their customers, especially to help alleviate the component shortages by finding alternate components.Facility Tour
