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IMI Ranks 7th in Global Automotive EMS Revenues
August 18, 2015 | IMIEstimated reading time: 1 minute
Integrated Micro-Electronics Inc. (IMI), a provider of electronics manufacturing services (EMS) and power semiconductor assembly and test services, now ranks 7th in the list of top automotive EMS providers of New Venture Research based on 2014 EMS-related revenues. This is an improvement from the previous 8th ranking in 2013.
IMI's revenues in the automotive segment rose 16 percent to US$321 million in 2014 from US$276 million in 2013 mainly due to the steady global growth trend and the normalization of the market in Europe. The company outperformed the average rise of total automotive EMS of 9.9 percent over the same period. This shows not only the long term growth potential of the automotive market in electronics but also IMI’s commitment to widen and strengthen its foothold in the industry.
Arthur Tan, IMI president and chief executive officer said, “We are bullish about expanding our business in the automotive industry as the electronic content of a car and the demand for cars increase.”
IMI provides product development and manufacturing services to the global automotive market. It also develops platforms or baseline technologies for driver assistance systems, safety-related control devices, electronic steering, and ignition modules.
About IMI
Integrated Micro-Electronics Inc. (IMI) is one of the leading global providers of electronics manufacturing services (EMS) and power semiconductor assembly and test services with manufacturing facilities in Asia, Europe, and North America. It serves diversified markets that include those in the automotive, industrial, medical, telecommunications infrastructure, storage device, and consumer electronics industries. Committed to cost-effective and innovative customized solutions (from design and product development to manufacturing and order fulfillment), the company's comprehensive capabilities and global manufacturing presence allow it to take on specific outsourcing needs. A subsidiary of Ayala Corporation, IMI is listed on the Philippine Stock Exchange.
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