Integrated Microelectronics, Inc.
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| Private | |
| Industry | Computer hardware Computer software Research and development |
| Founded | Biñan, Philippines (1980) |
| Headquarters | Biñan, Philippines |
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Key people
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Jaime Augusto Zobel de Ayala II, Chairman Arthur Tan, President & CEO |
| Products | Storage Devices Computer Peripherals Telecommunications Automotive Electronics Semiconductors Consumer electronics Industrial Electronics |
| Website |
revenue =  68% (2005) [1] |
Integrated Microelectronics, Inc. (IMI) is an electronics manufacturing services and original design manufacturing company located in Biñan, Laguna, Philippines. It serves some of the world’s largest original equipment manufacturers. Established in 1980, IMI has progressed into a company offering core manufacturing capabilities as well as higher value competencies in product design, engineering, prototyping, and supply chain management. It is a subsidiary of Ayala Corporation, a Philippine-based conglomerate.
IMI serves customers in Japan, the United States, and Europe in the optical and hard disk drive, communications, industrial, medical, consumer, and automotive electronics markets. IMI is an ISO 9001, ISO 14001, QS9000, and ISO/TS 16949 company. It has manufacturing facilities in Laguna and Cebu in the Philippines, design centers in Manila, The Philippines and in Tustin, California, and a support center in Singapore.
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Global expansion[edit]
In 2005, IMI began aggressive expansion of its operations beyond the Philippines. It acquired the assets of Saturn Electronics and Engineering, a Tustin, California, USA-based company, gaining its technology and design center, prototyping and production facilities, and a program management center in the U.S., and high-volume assembly facilities in the Philippines.[1] Later in the same year, IMI merged with Speedy-Tech Electronics Ltd., an EMS and power electronics company based in Singapore and with production facilities in Singapore, China, and the Philippines.[2]
These developments were closely followed by an alliance forged with German EMS company, BuS Elektronik, and the acquisition of M. Hansson Consulting, an engineering-oriented test systems integrator.[3]
In 2010, IMI announced the establishment of its 6th manufacturing plant in China, a factory in Chengdu, Sichuan province. Other facilities in China are in Shenzhen (Liantang, Kuichong, Fuyong), Jiaxing, and Chongqing.[4] IMI and partner Narra Venture Capital also bought a majority stake in PSi Technologies, a semiconductor test and assembly company traded on the U.S. Nasdaq.[5]
Listing in the Philippine Stock Exchange[edit]
On January 21, 2010, IMI listed 1.137 billion common shares in the Philippine Stock Exchange by way of introduction. Its CEO, Arthur Tan, also revealed plans to venture into the renewable energy sector.[6]
References[edit]
- ^ "IMI acquires assets of U.S. EMS firm", EE Times Asia, February 23, 2005.
- ^ "Speedy-Tech shareholders approve merger with IMI", EMSNow.com, October 19, 2005
- ^ "IMI: en route to a stronger global presence", EE Times Asia, February 27, 2007.
- ^ "IMI expands in southwest China, opens 6th Chinese electronics plant", Manila Bulletin, April 12, 2010.
- ^ "Ayala-led IMI, NarraVC buy into PSi Technologies", GMA News, June 28, 2010.
- ^ "Ayala electronics unit lists in the Philippine Stock Exchange", ABS-CBNNews.com, January 21, 2010.
