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Willas-Array’s bet on growing its automotive segment pays off amid EV boom in China

Sharon See

Sharon See

Published Mon, Oct 10, 2022 · 05:50 AM
    • Willas-Array Electronics' bet on growing its automotive segment more than a decade ago has paid off. In FY2022, the segment saw an 11.7 per cent growth in revenue while most other segments declined amid the global chip shortage.
    • Willas-Array Electronics' bet on growing its automotive segment more than a decade ago has paid off. In FY2022, the segment saw an 11.7 per cent growth in revenue while most other segments declined amid the global chip shortage. PHOTO: WILLAS-ARRAY ELECTRONICS

    THE global chip shortage and supply chain disruptions would have made last year a much rougher one for electronics distributor Willas-Array Electronics if not for a decision made more than a decade ago to grow its automotive business.

    “Our company planned this segment more than 10 years ago because for the automotive industry, the entry barrier is high; it’s not easy,” managing director Alvin Hon told The Business Times (BT).

    The design cycle is long, due to safety-related issues, he said, adding that it takes about three to four years before one sees the fruits of an investment.

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