IMI Revenues Up 40% in 2011
Laguna–(PHStocks)–Electronics manufacturing services (EMS) provider Integrated Micro-Electronics Inc. (PSE: IMI) recorded $575.5 million in consolidated sales revenues in 2011, up 40% from $412.3 million in 2010.
The above-industry average revenue growth was due to increased turnkey businesses in China, strong growth in the automotive and industrial segments for the Philippine operations, and additional revenues from PSi Technologies Inc. and IMI’s new entities in Europe and Mexico.
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