Annual Report 2020
Bittium in 2020
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Bittium in Brief

Bittium is a technology company specializing in the development of reliable, secure communications and connectivity solutions, leveraging its over 35-year legacy of expertise in advanced radio communication technologies. Bittium provides innovative products and services, customized solutions based on its product platforms and R&D services. Complementing its communications and connectivity solutions, Bittium offers proven information security solutions for mobile devices and portable computers. Bittium also provides healthcare technology products and services for biosignal measurement in the areas of cardiology, neurology, rehabilitation, and occupational health.

Bittium, formerly known as Elektrobit Corporation, was established in 1985. It changed its name to Bittium after selling its Automotive business and giving up the rights to brand name Elektrobit on July 1, 2015. Bittium is a publicly listed company on Nasdaq Helsinki as BITTI.

Bittium operates in Finland, Germany, the United States, Mexico and Singapore. Bittium headquarters is located in Oulu, and the company´s other Finnish offices are in Espoo, Kajaani, Kuopio and Tampere.

At the end of 2020, Bittium had 684 employees, of which the majority were R&D engineers. In 2020, the Company did not undergo any significant changes in relation to its size, structure, operating areas, ownership, distribution of shares, income formation or the maintenance of operations.

Bittium operates globally. With regards to sustainable business, Bittium´s products and services comply with the statutory requirements, directives, general standards and frameworks, such as SA 8000 (social responsibility), ISO 14001 (environmental systems), ROHS2 and ROHS3 (hazardous substances), REACH (chemicals regulations), SCIP (informing of substances of concern), WEEE (recyclability of waste electrical and electronic equipment), ETJ+ / ISO 50001 (energy efficiency), EICC (Electronic Industry Citizenship Coalition) and GRI G4 (reporting guideline for sustainable development). As a global enterprise, Bittium also takes the special requirements of its international customers into account.

Bittium´s Purpose

Bittium´s purpose is to adapt our deep knowledge to deliver superior technology innovations to enhance connectivity, bring safety and improve health in the society.

Bittium´s Vision

Bittium´s vision is to become a global enabler of secure and reliable connectivity for people and things.

Bittium Business Model