Elcoflex
Elcoflex is a privately-held Finnish contract manufacturer that produces flexible electro-mechanical components and electronic modules (antennas, FPCs, LED substrates, smart labels, printed sensors, user interfaces) using Roll-to-Roll technology, serving consumer electronics, industrial electronics, and IoT customers from sites in Finland and China.
- Company typePrivate
- Founded2001
- HeadquartersKempele, Finland
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Elcoflex does
Elcoflex Ltd is a Finnish privately-held contract manufacturer founded in 2001, specializing in Roll-to-Roll (R2R) production of flexible electro-mechanical components and electronic modules. The company operates a primary R2R technology and production site in Kempele, Finland, and a wholly-owned subsidiary, Elcoflex (Suzhou) Co., Ltd, in Suzhou, China, focused on SMT, manual assembly, and back-end processing. It holds ISO 9001:2015 certification (SGS-verified) at both sites and a granted patent for copper circuit manufacturing without polymer substrate.
Elcoflex's product portfolio comprises six core lines produced in continuous R2R format: antennas (HF, UHF, BL, UWB), smart labels (IoT devices with integrated printed batteries/supercapacitors), user interfaces (industrial display and keyboard modules), flexible circuits (FPC), LED substrates (high-current flexible circuits), and printed sensors (conductive polymer-based capacitive, inductive, and resistive elements). Manufacturing processes include screen printing, etching, exposure, slitting, SMD assembly, FPC bonding, painting, and testing, with FMEA support offered for display integration.
The business model is sales-led B2B contract manufacturing: customers engage Elcoflex directly via [email protected] for custom, project-based component development, with an emphasis on long-term cooperation and partnership. End-use segments are horizontal and include consumer electronics manufacturers (mobile phones, IoT devices), industrial electronics companies (industrial display units, keyboard/controller modules, ruggedized electronics), and IoT device makers (disposable smart labels). Pricing is not publicly disclosed and is negotiated per project. No external institutional investors, parent companies, or public listings have been identified, and the company is led by Managing Director Timo Peltoniemi (M.Sc. EE), appointed June 2020.
Elcoflex firmographics
Firmographics- Name
- Elcoflex
- Legal name
- Elcoflex Ltd
- Website
- https://elcoflex.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Elcoflex is a privately-held Finnish contract manufacturer that produces flexible electro-mechanical components and electronic modules (antennas, FPCs, LED substrates, smart labels, printed sensors, user interfaces) using Roll-to-Roll technology, serving consumer electronics, industrial electronics, and IoT customers from sites in Finland and China.
- Ownership category
- akta.pro rank
Where Elcoflex is headquartered
LocationHeadquarters
- HQ city
- Kempele
- HQ country
- Finland
- HQ region
- Europe
Offices2 records
Markets served
Elcoflex business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Electronic Component Manufacturing: Custom manufacturing of flexible electro-mechanical components and electronic modules for B2B customers. Products include antennas, flexible circuits, LED substrates, smart labels, printed sensors, and user interfaces. Revenue is generated from manufacturing services and component sales, likely on a project/contract basis with long-term customer relationships.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Elcoflex product offering
Product offeringCore offering
Elcoflex is a European pioneer in Roll-to-Roll (R2R) manufacturing of custom flexible electro-mechanical components and electronic modules. The company designs and mass-produces six core product lines — antennas, smart labels, user interfaces, flexible circuits, LED substrates, and printed sensors — for industrial and consumer electronics B2B customers. Operations span production facilities in Finland (R2R hub) and China (SMT and back-end processing).
Product overview
Elcoflex is a European pioneer in Roll-to-Roll (R2R) manufacturing of electronic components, offering a portfolio of six core product lines: Antennas (HF, UHF, BL, UWB), Smart Labels (IoT devices with integrated printed batteries/supercapacitors), User Interfaces (industrial displays and keyboard modules), Flexible Circuits (FPC), LED Substrates (high-current flexible circuits), and Printed Sensors (conductive polymer-based sensors). The company operates production facilities in Finland and China, with Finland serving as the R2R technology hub and China focused on SMT, manual assemblies and back-end processing. Manufacturing technologies include screen printing, etching, exposure, slitting, SMD assembly, FPC bonding, painting, and testing.
Differentiator
Problem solved
Functional benefit
Products and services
- Antennas HF, UHF, BL and UWB antennas manufactured in continuous Roll-to-Roll (R2R) format for mass production. Supports various substrates including paper, PET, PEN, PI, PC with copper layer thickness from 9µm to 18µm. Web width up to 550mm and minimum slitting width of 8mm. Designed for wireless communications applications.
- Smart Labels IoT devices integrating printed battery or supercapacitor with chip and antenna for low-cost disposable applications. Features battery open cell voltage of 1.5V and capacity of 0.55 mAh/cm2 at 70µ layer thickness. Operating temperature range -20°C to 60°C. Copper base material. Targeted at low-cost, disposable IoT applications.
- User Interfaces Customer specific electromechanical components including industrial display units and keyboard/controller modules. Features anisotropic bonding of flexible circuits for high-density display manufacturing. ACF bonding and wire bonding available, with SMT reflow and wave soldering options, and low temperature processes. FMEA support provided. Designed for industrial electronics.
- Flexible Circuits High volume single and double side flexible circuits (FPC) manufactured in roll-to-roll format using polyimide, PET, LCP or PEN substrates. Features minimum line/space of 50/50 µm and copper layer thickness of 18µm and 35µm as standard. Designed to support miniaturization in electronics as an alternative to rigid PCBs.
- LED Substrates Specialized flexible circuits with high current carrying capability for LED applications. Supports web width from 250mm to 550mm with minimum line/space of 50/50 µm, copper thickness of 35µm and 70µm. Optical mask layers available via printing or photolithographic method (LPI). Designed for LED-based lighting and display applications.
- Printed Sensors Sensor elements made using R2R thick film processing with conductive polymer materials. Supports capacitive, inductive and resistive sensors for low-cost sensor applications. Includes printed transistors and organic LED devices. Designed for cost-efficient sensing solutions.
Companies that use Elcoflex
Customer profileSegments3 records
Ideal customer profiles2 records
Elcoflex technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Elcoflex partnerships and signals
Strategic signalScale indicators5 records
Recent moves7 records
Expansion highlights5 records
Elcoflex competitors and assessment
Company assessmentDirect peers
- Flexible Circuit Technologies: US-based flexible circuit and flex heater manufacturer serving medical, industrial and aerospace markets. Comparable to Elcoflex in custom FPC manufacturing and broad applicability of flexible circuits as a rigid-PCB alternative.
- Trackwise Designs: UK-based specialist manufacturer of flexible printed circuits, including long-length and multilayer FPCs. Closely comparable to Elcoflex's flexible circuit line in process technology (additive/etch-based) and target use cases in antennas, automotive and industrial electronics.
Broad incumbents
- Unimicron Technology: Taiwan-based global PCB and FPC manufacturer with very high volume capacity. Comparable to Elcoflex in flexible PCB and HDI product offerings, particularly for consumer electronics, antenna and display applications, though at vastly larger scale.
- NCAB Group: Swedish-headquartered PCB sourcing and supply chain specialist with European customer focus. Comparable to Elcoflex as a Europe-anchored player in PCB/FPC supply, though NCAB operates a sourcing/factory-management model rather than direct R2R manufacturing.
- Cicor Group: Swiss-headquartered electronics manufacturing services provider with significant flexible circuit, hybrid and printed electronics capabilities across Europe. Comparable as a larger European incumbent offering overlapping capabilities (flex circuits, custom modules) into industrial/medical customers.
- Amphenol: Global interconnect, antenna and sensor manufacturer with broad RF and electronic component portfolios. Comparable to Elcoflex in antenna and electronic module offerings, though Amphenol serves virtually every end market at massive scale.
- Molex: Global electronic interconnect specialist with extensive antenna, FPC and embedded electronics portfolios. Comparable to Elcoflex in HF/UHF antenna manufacturing and broader RF/interconnect solutions for communications and IoT customers.
Emerging players
- Vorbeck Materials: US-based developer of conductive inks and printed graphene electronics for R2R manufacturing. Comparable to Elcoflex in printed/flexible electronics materials and components targeting IoT, wearables and smart packaging.
- PragmatIC Semiconductor: UK-based developer of flexible integrated circuits (FlexICs) using thin-film semiconductors on R2R lines. Comparable to Elcoflex in targeting low-cost disposable IoT and smart label applications with printed/flexible electronics.
Regional players
- Flexium Interconnect: Taiwan-based pure-play flexible PCB manufacturer focused on smartphone, tablet and wearable FPCs. Comparable to Elcoflex in flexible circuit and antenna substrate manufacturing for consumer electronics, primarily serving Asia-based customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Elcoflex social profiles
Digital presenceElcoflex compliance and trust
Trust signalCompliance1 record
Elcoflex financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elcoflex leadership team
Management profileNumber of profiles
Profiles2 records
Elcoflex subsidiaries and ownership
Company hierarchySubsidiaries1 record
Elcoflex funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elcoflex M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Elcoflex
What does Elcoflex do?
Elcoflex is a European pioneer in Roll-to-Roll (R2R) manufacturing of custom flexible electro-mechanical components and electronic modules. The company designs and mass-produces six core product lines — antennas, smart labels, user interfaces, flexible circuits, LED substrates, and printed sensors — for industrial and consumer electronics B2B customers. Operations span production facilities in Finland (R2R hub) and China (SMT and back-end processing).
Is Elcoflex a public or private company?
Elcoflex is a private company. It is classified as management employee owned and is currently operating.
When was Elcoflex founded?
Elcoflex was founded in 2001. It employs 1 to 10 people.
Where is Elcoflex based?
Elcoflex is headquartered in Kempele, Finland, in the Europe region.
How does Elcoflex make money?
One revenue line is on record: electronic Component Manufacturing.
Who are Elcoflex's main competitors?
Direct peers on record are Flexible Circuit Technologies and Trackwise Designs. Broad incumbents are Unimicron Technology, NCAB Group, Cicor Group, Amphenol and Molex. Emerging players are Vorbeck Materials and PragmatIC Semiconductor. Flexium Interconnect is listed as a regional player.
Does Elcoflex have an API?
No public API is recorded for Elcoflex.