Integrated Micro-Electronics Inc. (IMI), one of the leading worldwide providers of electronics manufacturing services (EMS) in the world has made significant strides in its global restructuring efforts aimed at boosting profitability and operational efficiency. As part of the group’s strategic restructuring, IMI USA will enter into a pivotal partnership with XLR8 Corporation, a California-based firm renowned for its prototyping expertise. Under this new agreement, IMI will channel prototyping needs of selected customers to XLR8, while XLR8 will transition mass production projects to IMI as its preferred manufacturing partner. Consequently, IMI USA will discontinue its prototyping and manufacturing operations by the end of 2024, with production functions to be transitioned to IMI facilities across North America, Europe, and Asia.
Furthermore, in a move to better align support costs with current business needs, IMI will also be closing its sales office in Japan and will soon initiate the process of the dissolution of the entity. IMI’s extensive sales team, strategically positioned across various regions, will continue to address opportunities in Japan, eliminating the need for a physical office and reducing overhead costs. There is also an ongoing downsizing of the Singapore and Malaysia office. These activities are part of IMI’s ongoing commitment to streamline operations and drive improved margins across its global footprint. Integrated Micro-Electronics, Inc. (IMI), is a leading global electronics manufacturing solutions expert specializing in highly reliable and quality electronics for long product life cycle segments in the automotive, industrial, power electronics, communications, and medical industries. IMI ranks among the top EMS providers in the world by the Manufacturing Market Insider, based on 2023 revenues and remains among the top ten in the automotive sector according to New Venture Research. From its 19 manufacturing plants across nine different countries, the company provides engineering, manufacturing, and support and fulfillment capabilities to diverse industries globally.
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