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Eastern European Markets
NEWS RELEASE
August 10, 2005

LK Products Oy establishes company in Hungary

LK Products Oy has established a new company in Komarom, Hungary. The name of the new company is LK Products Hungary Kft.

LK Products is a leader in the design of handset RF solutions for mobile terminals with exceptional expertise in components manufacturing.

The factory will be located in Ipari Park, a local industrial park. Facilities for the factory have been rented from an industrial site that is under construction. The facilities are in the final stages of construction, and LK Products Oy has begun the shape the facilities to suit their own business activity. The production of mobile phone antennas in the Hungary factory will begin in autumn 2005.

”In our industry, being near the customers is absolutely necessary with regard to the functionality of our service concept, so locating production activity in Hungary is essential for purposes of logistics as well as costs. Hungary has a significant concentration of manufacturing on a European scale,” says Mr. Jouni Anttila,managing director of LK Products Oy.

”Starting up production in Hungary in particular boosts our reaction sensitivity and ability in the direction of our customers in a changing market situation. We are not starting up product development there,” continues Jouni Anttila.

www.lkproducts.com


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