INDIANAPOLIS, April 25, 2012 (GLOBE NEWSWIRE) -- Brightpoint, Inc. ("BrightPoint") (Nasdaq:CELL), a global leader in providing device lifecycle services to the wireless industry and Foxconn Global Services Division s.r.o., which is part of Hon Hai Precision Industry Co. Ltd. also known as Foxconn Technology Group, the world's largest manufacturer of mobile devices, today announced a strategic alliance to provide technical aftermarket services to both existing and new customers throughout the EMEA region.
The collaboration between BrightPoint and Foxconn Global Services Division will deliver industry-leading technical governance and supply chain integration, ultimately reducing turnaround times, improving customer satisfaction, and reducing costs, inventory and waste output.
The alliance will deliver high-quality refurbishment and remanufacturing services and, by leveraging BrightPoint's extensive channels and global reach, devices will be introduced into new or developing markets at a vastly reduced cost.
"Our strategic alliance with Foxconn Global Services Division combines their world-class technical capabilities with BrightPoint's localised suite of end-to-end supply chain and customisation solutions, meaning we can offer the wireless device industry a tangible solution to the long-running problem of fragmented and inconsistent reverse logistics," said Anurag Gupta, BrightPoint's President, Europe, Middle East and Africa. "Customers will experience a premium service, as well as a premium level of refurbished device quality, maximising the value of the assets in circulation."
Together, BrightPoint and Foxconn Global Services Division will jointly deliver a fully integrated device lifecycle solution encompassing:
- Inventory Management of Devices and Spares
- Localised and Regional Returns Management
- Repair and Return Services
- Triage and Disposition
- Product Fulfilment
- Product Recycling
"The partnership with BrightPoint is part of the Foxconn Global Service Division (GSD) EMEA growth strategy to deliver a world-class optimized solution to existing and new customers with a focus on quality and cost and delivery," said Henk Knoop, Vice President, Foxconn Global Services Division EMEA. "This alliance will enhance the customer experience with BrightPoint's improved logistics services complemented by our strong technical competence and material management capabilities," he added.
About Foxconn Global Services Division
Foxconn Global Service Division (GSD) EMEA is part of Hon Hai Precision Industry Co Ltd. Many of the world's leading consumer electronics and IT companies have their products manufactured by one of the Hon Hai Business Units operating in markets around the world.
As part of the Foxconn Technology Group, Foxconn Global Services Division has excellent access to specific product and design technologies. Through its manufacturing business units, it has access to technical information such as quality, operations, and IT system requirements and it can develop products and process training for employees. The company is strategically positioned to access materials for product repair and fulfillment services and is able to continuously leverage the large-scale logistics networks in use by Foxconn Technology Group which enhances the company's ability to deliver a complete and optimized "Aftermarket Supply Chain".
The Foxconn Global Services Division vision is to continuously provide solutions for existing and new customers as part of its goal of becoming the service partner-of-choice.
The company's mission is to provide optimized value-added service supply chains and aftermarket service solutions that focus on quality and cost and delivery in order to complete the end-to-end service cycle for customers.
About Brightpoint, Inc.
Brightpoint, Inc. (Nasdaq:CELL) is a global leader in providing device lifecycle services to the wireless industry. In 2011, BrightPoint handled more than 112 million wireless devices globally. BrightPoint's 5 key service areas – Plan, Market, Customize, Move, Recover, offer over 110 innovative services, such as distribution channel management, procurement, inventory management, reverse logistics and repair services, software loading, kitting and customized packaging, fulfillment, product customization, eBusiness solutions, and other outsourced services that integrate seamlessly with its customers' IT systems and operations. BrightPoint's effective and efficient platform allows its customers to benefit from rapidly deployed, flexible and cost effective solutions. BrightPoint has more than 4,000 employees, as well as a significant number of temporary staff, and a global footprint covering more than 35 countries, including 13 Latin American countries through its investment in Intcomex, Inc. In 2011, BrightPoint generated revenue of $5.2 billion, from customers in over 75 countries. BrightPoint provides distribution and customized services through over 100,000 points-of-sale and to over 25,000 B2B customers worldwide. Additional information about BrightPoint can be found on its website at www.BrightPoint.com, or by calling its toll-free Information and Investor Relations line at 877-IIR-CELL (877-447-2355).