Telensa moves IoT manufacturing to UK after review of world facilities – a vote of confidence as Brexit is triggered
Telensa is moving its manufacturing of IoT products to the UK from Asia after a ‘strategic review’ of world facilities – offering a vote of confidence on the day the country notifies the EU of its decision to leave the bloc.
Operations will move to the Sony UK Technology Centre in Pencoed, Wales. Telensa currently has a global footprint of over one million devices across the world, including wireless controls for one in ten of the UK’s street lights. Last year, the company raised over £14 million and the company has grown its revenues by more than 50 percent in each of the last two years, 45 percent of which from exports.
Secretary of State for Business and Energy Greg Clark, said:
“Telensa’s strategic decision to transfer manufacturing from Asia back to the UK further strengthens our position as a world leader in innovation and underlines our role as a global technology hub. Its new base at Sony’s Technology Centre in Wales will boost our advanced manufacturing sector, creating the type of new high-skilled, well-paying jobs we are supporting through our Industrial Strategy.”
“As we prepare to leave the EU, this Government is committed through the Industrial Strategy to ensuring the UK remains one of the best places in the world to do business and this announcement is another significant vote of confidence in the UK economy, sending a clear signal that companies are continuing to invest in Britain’s future.”
Telensa’s decision to move production to the UK is a testament of local talent and will bring more jobs to the country, in particular to Wales.
“The fact that Telensa, a global leader in this highly specialised field, has decided to move its manufacturing back to the UK and chose Sony’s Technology Centre in Pencoed is a powerful endorsement of the expertise we have in Wales,” said Welsh Government Economy Secretary, Ken Skates. “It sends out a strong message internationally that Wales is the location of choice for electronics manufacturing. It’s great news for Sony UK TEC, great news for Wales, and I am delighted it will result in new jobs for skilled workers.”
Sony UK’s technology centre in Wales currently produces thousands of professional camera systems along with manufacturing products for external businesses. One of the most notable devices produced at the centre is the UK’s best-selling computer of all time, the Raspberry Pi.
The facility in Pencoed has built a reputation for quality and innovation which has attracted Telensa when carrying out their facility review and continues a trend of a significant increase in UK-based manufacturing – now at its highest point since June 2014 according to the Purchasing Managers Index (PDF).
What are your thoughts on Telensa’s decision? Let us know in the comments.
Interested in hearing industry leaders discuss subjects like this and sharing their IoT use-cases? Attend the IoT Tech Expo World Series events with upcoming shows in Silicon Valley, London and Amsterdam to learn more.
- » IoT devices show resilience against consumer market slowdown, but global uncertainties threaten growth and innovation
- » Fleet Space Technologies raises $7.35m in funding for satellite IoT connectivity
- » VMware works with Forescout on IoT and expands telco and edge cloud portfolio
- » McRock Capital secures $100 million funding focusing on Industrial IoT use cases
- » Ring discusses the smart home, choosing IoT standards, and its mission to reduce crime