Ayala unit pitches outsourcing services to Japanese firms

By Neil Jerome Morales, The Philippine Star

Posted at Jan 10 2013 07:47 AM | Updated as of Jan 10 2013 03:47 PM

MANILA, Philippines - Integrated Micro-Electronics Inc. (IMI), a unit of conglomerate Ayala Corp., is looking to serve the outsourcing needs of Japanese firms.

The Laguna-based electronics firm said it will be an exhibitor in the Internepcon Japan trade show on Jan. 16-18 in Tokyo in its bid to tap the Japanese market.

“With our presence in Asia, North America and Europe, we can serve Japanese original electronics equipment makers catering to either regional or international markets,” said IMI president and CEO Arthur Tan.

“We can take on their specific outsourcing needs from product conceptualization to mass manufacturing, including contract design, test system development, and advanced power semiconductor solutions,” he added.

IMI is a provider of electronics manufacturing services and is into power semiconductor assembly and test services.

It has a total of 17 manufacturing facilities in the Philippines, China, Singapore, US, Mexico, Bulgaria and Czech Republic.
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IMI serves diversified markets that include those in the automotive, industrial, medical, solar energy, telecommunications infrastructure, storage device and consumer electronics industries.

Tan said IMI will showcase products for significant emerging applications of electronics.

Internepcon Japan 2013 is dubbed as Asia’s largest exhibition for electronics manufacturing and surface mount technology.

IMI said it will also feature design-to-mass manufacturing solutions for the diverse markets of automotive, industrial, medical, telecommunication infrastructure and renewable energy.

Specifically, it plans to market safety-related devices for the automotive sector while subsidiary PSi Technologies will try to sell power modules and other products for better power management.

In the nine months to September last year, IMI posted a net income of $5 million, more than tripled the $1.6 million a year ago given the business expansion in Europe and Mexico, better capacity utilization of China plants, and reduced overall operating expenses.