The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 26.4 - Manufacture of consumer electronics 26.4 - Manufacture of consumer electronics
No information on job gains number available
Announcement Date
9 January 2018
Employment effect (start)
1 January 2018
Foreseen end date
Description
Famoco is French company founded in 2010 that produces secured professional Android devices. Since its constitution, the company outsourced and offshored the production activities in China, given the huge availability of suppliers at the local level. However, the company has been experienced criticalities in managing the relationship with Chinese contractors. Among the most important problems, there are the reduced cost gap between France and China, and the small size of production lots. Moreover, cultural differences made the relationships with local partners difficult. Therefore, in 2018, Famoco decided to repatriate some of its production activities to France, leveraging also on the higher technological level of production facilities at the home country.
Eurofound (2018), Famoco, Reshoring in France, factsheet number 57, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/57.
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