10 reasons to keep your printed circuit board production in the U.S.

Although the lure of low-cost labor is tempting, offshoring production of printed circuit boards can lead a company into a host of problems. Firms can find themselves dealing with increased costs, regulatory hurdles and pitfalls relating to quality control. Here are 10 reasons why:

Intellectual property: It is very difficult to defend IP piracy abroad. U.S. firms lose 1$ for every $3 gained due to stolen IP.
Counterfeit parts: This is a huge problem worldwide and out of the companies control. Most companies will find out after the parts have been utilized in their product.
FDA shipment delays: All products having 510(k) approval must not only meet the FDA regulatory standards, but get FDA clearance in Customs and meet the Bureau of Customs & Border Protection standards. This can create delays of 4 to 8 weeks, with the shipment sitting in U.S. Customs.

Get the full story at our sister site, Medical Design & Outsourcing.
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Source: Mass Device - August 18, 2017 Category: Medical Devices Authors: Sarah Faulkner Tags: Business/Financial News Lockheed Martin Corp. Source Type: news