The electronics industry, perhaps more than any other, truly demonstrates the axiom that change is the only constant. Whether it’s smart phones, medical devices, tablets, computers, or other consumer electronics, the one regular occurrence is change. Features and functions are revised, which alter cost and affects acceptance and distribution. These are just a few of the numerous variables in a product’s life cycle.
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But however challenging change may be, it also creates opportunity. Electronics manufacturers that can keep pace with change and capitalize on it will gain the lion’s share of the market.
What are the major changes happening in October 2012? That depends on where you are and what you sell. From the perspective of a third-party testing and certification company, there are three major areas of change right now: evolving regulatory requirements, the expanding development of electronic medical products, and the greening of the global consumer.
This article briefly discusses these areas and addresses how a manufacturer can position itself to capitalize on the change, rather than being blindsided by it.
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