AYALA-LED Integrated Micro-Electronics, Inc. (IMI) inaugurated its newest manufacturing facility in Serbia last week, as the company expands its global footprint in anticipation of more demand for its products.
The listed subsidiary of AC Industrial Technology Holdings, Inc. said the factory covers 14,000 square meters of manufacturing space in the City of Nis, located in the southeastern part of Serbia. The facility will serve as the extension of its Bulgaria factory in order to support the growing demand market for automotive products in the European region.
“As a partner-of-choice in building technologies like sensing cameras, advanced driver assistance systems, lighting, body control modules, battery management and displays, IMI will be a significant contributor to the digital car of tomorrow,” IMI Chief Executive Officer Arthur R. Tan said in a statement.
Mr. Tan, who also sits as the chief executive officer of AC Industrials, said this will boost the company’s efforts to build a global manufacturing platform that rides on trends such as increased electronics in vehicles, autonomous driving, shift to electric power, and shared mobility.
This will be IMI’s 21st factory across the world, following its production facilities in the Philippines, China, Bulgaria, Czech Republic, Germany, Japan, Mexico, the United Kingdom, and the United States.
The company provides engineering, manufacturing, support, and fulfillment capabilities to various industries such as automotive, industrial electronics, and the aerospace market. It also offers customized solutions for safety and security features in the automotive segment. — Arra B. Francia
