Ayala unit joins Japan show

MANILA, Philippines - Integrated Micro-Electronics Inc. (IMI) of the Ayala conglomerate intends to woo more Japanese electronics manufacturers this year as it eyes expansion in Japan.

IMI said it would start conquering more Japanese clients this week with its participation in the 44th Internepcon Japan trade show, the largest trade show in Asia and one of the major trade shows in the world of electronics manufacturing, from Jan. 14 to 16 in Tokyo.

The Ayala-led firm said its partaking in the trade show would support its bid to expand business with Japanese original electronics manufacturers.

“We like to convey the message to Japanese original electronics makers that with our wide geographic presence and technical capabilities, we can serve their outsourcing requirements either for a regional or global market,” said Arthur R. Tan, president and chief executive officer of IMI.

IMI said it would be showcasing its comprehensive design-to-manufacturing solutions, covering design and development engineering, advanced manufacturing engineering, test and system development, and volume manufacturing in this year’s Internepcon Japan.

“IMI will highlight solutions for high-value market segments like automotive, industrial, and medical electronics,” the company said.

IMI strategic planning and marketing head Frederick Blancas in a text message told The STAR that Japanese customers currently account for 10 percent of IMI’s total revenues.

“Annual revenue from them is about $75 million,” Blancas said.

IMI’s nine-month revenues last year rose 19 percent year-on-year to $650.1 million, resulting in a net income of $21 million.

IMI is currently 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.

The company serves diversified markets such as those in the automotive, industrial, medical, telecommunications infrastructure, storage device, and consumer electronics industries.