IMI Matches Pace with Ever-Growing Automotive Market – Now Ranked 5th Largest Auto EMS Company
Integrated Micro-Electronics, Inc. (IMI), one of the leading global manufacturing experts, is now the 5th largest automotive EMS company worldwide in terms of revenue size at the end of 2017 according to the latest release of New Venture Research in July of 2018.
IMI’s ranking went up to 5th from 6th in 2017. From US$ 378 million in 2016, IMI’s revenues in the automotive segment rose to US$ 446 million, an 18% increase year-on-year.
Drivers for the increase include the uptake of more electronics in the car via advanced driver assistance systems (ADAS), body electronics, lighting, power management, safety systems and infotainment. With the advent of autonomous cars and electric vehicles, demand has increased dramatically and will continue to do so as technologies evolve.
New Venture Research Corp. (NVR) is a global provider of business intelligence, growth management and advisory services to companies in the information technology, telecommunications, consumer, scientific instrumentation and advanced electronics markets.
Integrated Micro-Electronics Inc. (IMI), the manufacturing portfolio of AC Industrial Technology Holdings, Inc., a wholly-owned subsidiary of Ayala Corporation is among the leading global manufacturing solutions expert in the world. IMI ranks 18th in the list of top 50 EMS providers in the world by the Manufacturing Market Insider (March 2018 edition), based on 2017 revenues. In the automotive market, it is now the 5th largest EMS provider in the world per New Venture Research.
IMI specializes in highly reliable and quality electronics for long product life cycle segments such as automotive, industrial electronics and more recently, the aerospace market.
For the automotive segment, IMI delivers customized solutions for safety and security, among others. It supplies cameras that are integral technology to the advanced driver assistance systems (ADAS). For the industrial segment, it manufactures security and access control devices, power modules, and building automation, among others. For the aerospace market, IMI’s acquisition of Surface Technology International (STI) Enterprise, a UK-based company, addresses the quality and safety demands in the EMS aerospace segments. STI Enterprise has been supplying to the aerospace market for over 20 years, including products to a range of helicopters, multiple fast jet platforms, transport aircraft and drones.
From its manufacturing plants in the Philippines, China, Bulgaria, Czech Republic, Germany, United Kingdom, Mexico and the United States, IMI provides engineering, manufacturing, and support and fulfillment capabilities to diverse industries globally. See article here. For more information, visit www.northamerica.global-imi.com.