IMI Secures Projects that Could Bring $407M in Annual Revenues
LAGUNA, PHILIPPINES – Integrated Micro-Electronics secured new projects that could bring some $407 million in annual revenues, according to reports.
IMI president Arthur Tan said the company has put systems in place in response to Covid-19 that will permit continued operations.
“As a global manufacturing partner, we have systems in place for these kinds of market disruptions currently enforced in our sites today,” said Tan. “Our capabilities across all the major markets put us in a unique position to not only survive but to rebuild and emerge stronger and better. Part of our operations now is to sustain and support most of the essential industrial and medical products that the world desperately needs.”
UK’s Surface Technology International, an IMI subsidiary, is producing ventilators, and IMI is producing PCB assemblies used for ultrasonic welding equipment commissioned by a medical device manufacturer.
In addition, IMI is focused on the automotive sector.
“Business wins related to the automotive camera continue to rise and provide IMI with leverage in offering more advanced technologies such as mirror replacement and camera-video system-level modules. Revenues in this group are seen to double to $124 Million in the next five years.”
