The Business Times
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Memtech eyes car industry for growth

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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.

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