Posted by Global SMT & Packaging on 25 April 2007 at 09:23
Integrated Microelectronics Inc. (IMI) announced that it recently formally opened its subsidiary in Tokyo, Japan- IMI Japan, Inc.
IMI's president and chief executive officer Arthur R. Tan said, "Japanese customers are our main source of revenues. They account for 53 percent of revenues of the IMI group of companies. We have worked with some of them for more than 15 years. With the establishment of an IMI subsidiary in Japan, we hope to attract more Japanese OEMs who will outsource manufacturing as well as product development to IMI."
"We upgraded our sales office in Tokyo to a subsidiary which will focus on building relationships with Japan-based OEMs as well as serving as front-end design and product development center. Our Japanese engineers can collaborate with OEMs on product development projects, acting as a technical bridge between the customers and IMI's engineering centers in the Philippines, Singapore, China, and the United States," Tan added.
The use of outsourcing partners by Japan-based OEMs has gained momentum over the last three years. Japan's outsourcing industry posted total revenues of US$7.1 billion in 2005 based on the report titled "Worldwide Electronics Manufacturing Services Market" published last year by the Electronic Trend Publications. It is expected to grow to a US$13-billion industry by 2010.
Tan said, "Japanese have become more receptive of the idea of relying on EMS partners to reduce manufacturing and product development costs although they have not embraced it as much as their counterparts in the United States and Western Europe. By establishing a Japanese subsidiary, we demonstrate our commitment to strengthen relationships with our current Japanese partners and build new ones with whom we can work with over the long-haul."
Jeff Timms, president of Microscan since 2007, has been focusing these
past two years on bringing the company to the forefront of the
precision data acquisition and control solutions industry.