This user has not added any information to their profile yet.
Company Profile
Overview: Cicor Group is a global provider of full-cycle electronic solutions, from R&D to manufacturing and supply chain management. With around 3,300 employees across 19 locations, Cicor serves the medical, industrial, aerospace, and defense industries.
Vision and Mission: Cicor aims to be a long-term, customer-focused partner, offering high-quality, client-specific solutions. The company is committed to creating value for customers, shareholders, and employees through innovative products and services for demanding applications.
Market Position: Cicor is known for its innovative, technology-oriented portfolio, including high-tech components and electronic device manufacturing. Its shares are traded on the SIX Swiss Exchange under the ticker CICN.
Cicor Vietnam Overview: Located in Thuan An City, Binh Duong Province, Cicor Vietnam is a key part of Cicor’s global network, specializing in PCBA and box building, including plastic injection molding services.
Capabilities:
• State-of-the-Art Machinery: Advanced machinery for high-quality PCBA.
• Comprehensive Services: SMT production, THT assembly, sub-assembly, plastic injection molding, and various testing and coating processes.
• ISO Certifications: ISO certified and RoHS compliant.
Expansion: In June 2023, Cicor expanded its production capabilities in Thuan An City, doubling its electronics manufacturing space and adding new cleanroom capacity, enhancing its presence in Southeast Asia.
Customer Focus: Cicor Vietnam serves diverse sectors, including medical, industrial, transport, and high-quality consumer goods, providing tailored solutions.
Recent Successes:
• Financial Performance: Q3 2024 sales increased by 26.3% to CHF 120.4 million, with a year-to-date increase of 19.4%.
• Market Share Gains: Gained market share in a shrinking European EMS market.
• Strategic Acquisitions: Acquired STS Defence Ltd, TT Electronics IoT Solutions Ltd, and Evolution Medtec Srl to bolster capabilities.
• Operational Excellence: Reported a robust operating margin of 10.7% in H1 2024, with EBITDA rising by 15.9% to CHF 24.7 million.
• Positive Outlook: Expected 2024 sales between CHF 470 and 510 million, with EBITDA of CHF 50 to 60 million.
Company Information
Company Description
Overview: Cicor Group is a global provider of full-cycle electronic solutions, from R&D to manufacturing and supply chain management. With around 3,300 employees across 19 locations, Cicor serves the medical, industrial, aerospace, and defense industries.
Vision and Mission: Cicor aims to be a long-term, customer-focused partner, offering high-quality, client-specific solutions. The company is committed to creating value for customers, shareholders, and employees through innovative products and services for demanding applications.
Market Position: Cicor is known for its innovative, technology-oriented portfolio, including high-tech components and electronic device manufacturing. Its shares are traded on the SIX Swiss Exchange under the ticker CICN.
Cicor Vietnam Overview: Located in Thuan An City, Binh Duong Province, Cicor Vietnam is a key part of Cicor’s global network, specializing in PCBA and box building, including plastic injection molding services.
Capabilities:
• State-of-the-Art Machinery: Advanced machinery for high-quality PCBA.
• Comprehensive Services: SMT production, THT assembly, sub-assembly, plastic injection molding, and various testing and coating processes.
• ISO Certifications: ISO certified and RoHS compliant.
Expansion: In June 2023, Cicor expanded its production capabilities in Thuan An City, doubling its electronics manufacturing space and adding new cleanroom capacity, enhancing its presence in Southeast Asia.
Customer Focus: Cicor Vietnam serves diverse sectors, including medical, industrial, transport, and high-quality consumer goods, providing tailored solutions.
Recent Successes:
• Financial Performance: Q3 2024 sales increased by 26.3% to CHF 120.4 million, with a year-to-date increase of 19.4%.
• Market Share Gains: Gained market share in a shrinking European EMS market.
• Strategic Acquisitions: Acquired STS Defence Ltd, TT Electronics IoT Solutions Ltd, and Evolution Medtec Srl to bolster capabilities.
• Operational Excellence: Reported a robust operating margin of 10.7% in H1 2024, with EBITDA rising by 15.9% to CHF 24.7 million.
• Positive Outlook: Expected 2024 sales between CHF 470 and 510 million, with EBITDA of CHF 50 to 60 million.
Business Category
Number of Employees in Vietnam
Company Name
Address
Telephone
Website
Log in as a member to access the details. Not a member? Contact our Membership team at (84-28) 3827 2715 ext 105 or membership@eurochamvn.org
This user has not added any information to their profile yet.
Company Profile
Overview: Cicor Group is a global provider of full-cycle electronic solutions, from R&D to manufacturing and supply chain management. With around 3,300 employees across 19 locations, Cicor serves the medical, industrial, aerospace, and defense industries.
Vision and Mission: Cicor aims to be a long-term, customer-focused partner, offering high-quality, client-specific solutions. The company is committed to creating value for customers, shareholders, and employees through innovative products and services for demanding applications.
Market Position: Cicor is known for its innovative, technology-oriented portfolio, including high-tech components and electronic device manufacturing. Its shares are traded on the SIX Swiss Exchange under the ticker CICN.
Cicor Vietnam Overview: Located in Thuan An City, Binh Duong Province, Cicor Vietnam is a key part of Cicor’s global network, specializing in PCBA and box building, including plastic injection molding services.
Capabilities:
• State-of-the-Art Machinery: Advanced machinery for high-quality PCBA.
• Comprehensive Services: SMT production, THT assembly, sub-assembly, plastic injection molding, and various testing and coating processes.
• ISO Certifications: ISO certified and RoHS compliant.
Expansion: In June 2023, Cicor expanded its production capabilities in Thuan An City, doubling its electronics manufacturing space and adding new cleanroom capacity, enhancing its presence in Southeast Asia.
Customer Focus: Cicor Vietnam serves diverse sectors, including medical, industrial, transport, and high-quality consumer goods, providing tailored solutions.
Recent Successes:
• Financial Performance: Q3 2024 sales increased by 26.3% to CHF 120.4 million, with a year-to-date increase of 19.4%.
• Market Share Gains: Gained market share in a shrinking European EMS market.
• Strategic Acquisitions: Acquired STS Defence Ltd, TT Electronics IoT Solutions Ltd, and Evolution Medtec Srl to bolster capabilities.
• Operational Excellence: Reported a robust operating margin of 10.7% in H1 2024, with EBITDA rising by 15.9% to CHF 24.7 million.
• Positive Outlook: Expected 2024 sales between CHF 470 and 510 million, with EBITDA of CHF 50 to 60 million.
Company Information
