Set to Seize Opportunities in the IoT World
Plastoform has over 30 years’ experience in delivery premium quality OEM and ODM services in the digital audio industry. However, there is a fierce competition in this industry, with a host of companies creating similar products. We foresee the market becoming even tougher, awash with audio products that are little more than commodities. In order to withstand the storm and maintain a growth business, Plastoform will need a breakthrough - and to achieve this, we will seize opportunities arising through the Internet of Things.
Today, the Internet of Things (IoT) is transforming every corner of life: the home, the office, city streets and beyond. IoT products give us greater control over our homes; closely monitor our health; make it easier to get advice on boosting sport training; streamline business processes; and better connect us to people, systems and environments.
This may have seemed like science fiction a few years ago, yet nowadays we can interact in a multitude of ways simply by a few finger taps on our mobile phones, or by voice commands. Smart, connected products made possible by vast improvements in processing power, along with device miniaturization and ubiquitous wireless connectivity, have unleashed a new era of competition.
Plastoform is already a player in the Internet of Things, chiefly through our connected audio speakers. We will take further steps into the IoT world by leveraging our strong R&D and engineering capabilities.
While maintaining our core competence in digital audio manufacturing, we will increasingly emphasize new technological solutions and applications, adopting these together with our industrial design and premium R&D and manufacturing service to work with brands and clients to design, develop and manufacture new and exciting smart devices.
Management of Plastoform