SUBSCRIBERS
Memtech eyes car industry for growth
Published Fri, Mar 18, 2016 · 09:50 PM
Singapore
ELECTRONICS components maker Memtech International has added two car giants to its clientele as it continues to shift its gears towards the car industry.
With the inclusion of electric car maker Tesla and car parts producer Faurecia, SGX mainboard-listed Memtech aims to increase the revenue share of the car industry - currently at 40 per cent - to 50 per cent by 2017.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
TikTok tells advertisers: ‘We are not backing down’
EV automakers get reprieve in US tax credit rules
Nomura, Mizuho face losses on All Blue fund’s failed trades
Stablecoin Tether steps up monitoring in bid to combat illicit finance
HSBC asked by US$890 billion investor group to set energy goal
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama