# IMI reports 22% revenue growth driven by expansions and acquisitions

Integrated Micro-Electronics Inc reported first half 2017 revenues of $501 million, up 22% year-on-year, driven by acquisitions and capacity expansions. The company noted ongoing capacity expansions in Europe and Mexico and a new joint venture with KTM AG in the Philippines.

- Type: Expansion
- Announced: 2017-08-07
- Where: Philippines, Philippines
- Status: under construction
- Products: electronics manufacturing services, automotive electronics, motorcycle assembly
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Integrated Micro-Electronics Incorporated](https://endata.com/companies/16420.md)
- [KTM AG](https://endata.com/companies/26107.md) (partner)

## Sources

- [iconnect007.com](https://iconnect007.com/article/105681/imi-revenues-up-22-in-1h-2017/105684/smt), 2017-08-07: "We stand on the brink of a technological revolution that will vitally modify the way of life"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.