OSM is proud that since inception to December 2023 we have now shipped close to ~2.7 Mio units to our US customers from our new state of the art facility in Clark – Philippines.
We are pleased that in 2023 we also fulfilled our customers’ expectations in terms of shipment volumes and revenues. This follows our commitment to support and provide an even more flexible, geopolitical independent and import duty competitive supply chain for our customers.
During 2023, OSM has continued to focus on our positioning and strategic direction with our growth project “Butterfly”. We have set realistic growth targets towards 2024 and we are making steady strides towards our future growth journey.
Project “Butterfly”
Automation in our production facilities starts to take a more pronounced role and we have in 2023 completed several studies and implementations of automated solutions.
“Similar as 2022 the year 2023 continuous for OSM to support our strong financial position and net debt free position allows us to invest strategically in business verticals and growth”, says Marc Hellmann, CFO, OSM Group.
Marc Hellmann, CFO, OSM Group.
ABOUT OSM Group
OSM Group is Swedish global Product Development and Manufacturing Company, focused on complex consumer electronics, industrial products and engineered soft goods. Commitment to sustainability is ingrained in our product creation process, we recently redefined our company vision in 2022 to formally prioritize sustainability. Our vision is to delight customers with great sustainable products.
We have more than 1,000 employees, worldwide with factories in Dongguan & Huizhou, , China, and Clark in the Philippines. We have our headquarter in Hong Kong, with R&D in Stockholm, Huizhou & Dongguan. Collaboratively joining forces with our clients, we hold a firm conviction that we can contribute to a better and more sustainable world. This belief is underpinned by our commitment to recycling and incorporating natural materials, fostering a positive environmental impact.
Operating as an Original Design Manufacturer (ODM), our expansive in-house manufacturing space spans approximately 28,000 square meters. We extend an invitation to our customers and would be collaborators to work with us, empowering you to envision, design, develop, and manufacture your products while minimizing the depletion of valuable resources
Benefiting from a team of highly skilled experts, we forge collaborations with some of the globe’s largest enterprises. This partnership entails the production of an extensive array of items, ranging from backpacks to fitness-focused weighted vests, and laptop cases, to electronic products such as headphones and hearing protection and speakers. Our proficiency extends beyond production – we’re here to transform your ideas into tangible realities.
